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FRS 102 Construction & Real Estate

FRS 102 Revenue Recognition: What Construction and Real Estate Businesses Need to Know

FRS 102 has been revised for accounting periods beginning on or after 1 January 2026 and represents a significant development in how UK businesses account for revenue. The changes are particularly relevant to businesses with more complex income streams such as construction and real estate businesses who have varying contractual arrangements.  The changes warrant a

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Construction professionals reviewing project plans on site.

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