Book a free FRS 102
discovery call
FRS 102 lease accounting has changed. Understanding what these changes mean for your business before they impact your accounts is key.
The impact could extend to:
• Balance sheets
• Cash flow
• Budgets and forecasts
• Profit measures, including EBITDA
• Financial ratios, including liquidity, gearing and covenant calculations
• Company size and audit status
• Earn-out calculations in acquisitions
If you haven’t assessed the impact yet, now is the time to understand what the changes mean for your business.
Our FRS 102 Lease Accounting Health Check can help
Following an initial discovery call, our FRS 102 specialists will assess how the new lease accounting requirements affect your business and accounts.
We’ll help you understand:
• Which leases and accounting areas are affected
• The potential impact on your financial statements and key measures
• What needs to be addressed in your current accounting and reporting
• Any implications for your next audit or reporting period
And if the changes aren’t likely to have a significant impact on your business, we’ll tell you that too.
Get clarity on your FRS 102 position and make sure there are no surprises at your next year-end.
