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FRS 102 Revised Seminar Brings South Yorkshire Finance Leaders Together

​In collaboration with Shorts Chartered Accountants, we recently hosted a seminar for senior finance professionals from across the region.The event brought together a number of Finance Directors, Financial Controllers and senior leaders from across the region for a morning of insight, discussion and networking over breakfast. It was a pleasure to welcome so many familiar faces, alongside new contacts, reflecting the strength and depth of the Yorkshire finance community. The seminar was presented by Howard Freeman, Audit & Accounts Partner, and Andy Ryder, Corporate Finance Partner at Shorts. We are extremely grateful to both speakers for sharing their time and expertise, and for delivering a clear, practical overview of the forthcoming changes to FRS 102, which came into effect on 1 January 2026 and are expected to impact a significant number of UK businesses. The session explored what is changing and why, particularly in relation to lease accounting and revenue recognition, and considered what the updates mean in practice for finance teams and business leaders. The speakers also addressed the new reporting requirements under FRS 102, the potential impact on EBITDA and valuation methodologies, and the key considerations for organisations as they prepare for implementation. Rather than focusing purely on technical detail, the seminar encouraged broader discussion around readiness, communication with stakeholders and the commercial implications of the changes. This led to a highly engaged Q&A session, with attendees sharing perspectives and experiences from their own organisations. At Sharp Consultancy, we are committed to supporting the finance community beyond recruitment alone. Events such as this form part of our ongoing effort to create opportunities for connection, knowledge-sharing and professional development among senior finance professionals. We would like to extend our sincere thanks to Shorts for partnering with us on this event, and in particular to Howard and Andy for delivering such an informative and thought-provoking session. We are also grateful to everyone who attended and contributed to the discussion. We look forward to hosting further events in the coming months and continuing to work closely with our network of finance leaders across the region.If you would like to discuss how these changes may impact your finance team, or if you are considering strengthening your leadership function, please contact us for a confidential conversation. ​

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Professional Practice

Professional Practice Finance Jobs in Leeds

Jobs in the Professional Practice Sector

Building a Fulfilling Career in the Professional Practice Sector

The professional practice sector plays a vital role in supporting businesses and individuals through expert advice and services in areas such as accounting, law, consultancy, and audit. Careers in this sector offer dynamic opportunities to work with diverse clients, tackle complex challenges, and contribute to their financial and strategic success.

Professionals in this field are trusted advisors, bringing technical expertise, ethical insight, and practical solutions to the table.

What Are Jobs in the Professional Practice Sector?

Jobs in the professional practice sector span various specialisations, including audit, taxation, business advisory, legal services, and risk management. These roles are often based in firms ranging from boutique practices to global organisations, where professionals serve a wide client base, from individuals and small businesses to multinational corporations.

Whether advising on regulatory compliance, managing financial audits, or providing strategic consultancy, professionals in the sector are essential to helping clients achieve their goals while navigating complex landscapes.

What Do Jobs in the Professional Practice Sector Offer Candidates?

A career in the professional practice sector offers unique advantages, such as:

  • Variety of Work: Professionals often work with clients from different industries, gaining exposure to varied business models and challenges.

  • Skill Development: These roles provide opportunities to deepen technical expertise while honing client management and problem-solving skills.

  • Professional Growth: Many firms offer structured career progression, including mentorship and support for obtaining certifications such as ACA, ACCA, or CPA.

  • Global Opportunities: With practices spanning the globe, professionals in this sector can access international assignments and build a worldwide network.

  • Dynamic Challenges: Each client engagement brings new and exciting challenges, fostering continuous learning and innovation.

  • Job Stability: As trusted advisors, professionals in this sector remain in high demand, even during economic uncertainty.

Skills Needed for Success in the Professional Practice Sector

To thrive in the professional practice sector, candidates should develop a mix of technical and interpersonal skills:

  • Technical Expertise: Proficiency in areas such as accounting, tax law, or auditing is critical for delivering value to clients.

  • Analytical Thinking: The ability to evaluate complex data, identify key issues, and offer actionable solutions.

  • Communication Skills: Clear and professional communication is essential when explaining intricate matters to clients and stakeholders.

  • Relationship Building: Developing trust and maintaining long-term client relationships is a cornerstone of success in this field.

  • Attention to Detail: Precision in financial reporting, compliance, or legal documentation ensures quality and credibility.

  • Time Management: Managing multiple client deadlines and deliverables requires excellent organisational skills.

Career Growth Potential in the Professional Practice Sector

Careers in the professional practice sector offer clear pathways for advancement. Starting in entry-level roles such as trainee accountant, legal assistant, or junior auditor, professionals can progress to senior positions like partner, director, or managing consultant.

The sector’s focus on continuous professional development means candidates often receive support in pursuing certifications and specialised training. Furthermore, the experience gained in professional practice roles is highly transferable, opening doors to opportunities in industry finance, entrepreneurship, or executive leadership.

Why Choose a Career in the Professional Practice Sector?

A career in the professional practice sector is ideal for those who enjoy problem-solving, client interaction, and dynamic challenges. It offers the chance to make a tangible difference in the success of businesses and individuals, with opportunities to learn, grow, and lead.

The variety of work, coupled with the prestige and trust associated with these roles, makes the professional practice sector an attractive choice for ambitious professionals. Whether you aspire to become a partner in a top firm or build a versatile skill set, this sector provides a platform for achieving your goals.

In conclusion, jobs in the professional practice sector offer rewarding opportunities for personal and professional growth. By combining technical expertise, ethical commitment, and client-focused service, professionals in this field can build successful careers while making a meaningful impact on their clients and industries.

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