Significant changes to UK Generally Accepted Accounting Practice (GAAP) are now becoming a reality for many businesses as they apply the revised requirements of FRS 102 for the first time.
While much of the attention has focused on revenue recognition and lease accounting, experience from early implementation projects suggests that some of the less-publicised changes may have equally significant implications for financial reporting, disclosures, valuations and governance processes.
Join our experts as they share insights from businesses already navigating the new requirements, highlighting common challenges, key lessons learned and the practical issues emerging in real-world implementation.
Watch webinar and download slidesIn this session, we discuss:
- Where businesses are in their FRS 102 implementation journey and the trends we're seeing in practice
- Common challenges arising from the revised reporting requirements
- Key considerations for revenue recognition and lease accounting
- Important changes that organisations may not have fully considered
- The impact on audits, governance and year-end reporting processes
- Practical lessons learned and priorities for the months ahead
