Q & A FOR EMPLOYERS

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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For many, it’s not ‘business as usual’ but more ‘business in unusual times’. These are some of the most commonly asked recruitment questions from employers across Yorkshire to our highly experienced team of consultants.

I’m concerned about staffing levels – what can I do if people take time off because they are sick or have to care for others?

It is essential to make provisions for absenteeism and temporary or interim staff are an ideal solution. Specialising in a range of roles and at all levels from admin support to senior managers and directors, these are experienced individuals who can hit the ground the running at short notice.

I need temporary staff but I don’t have time to conduct interviews – what should I do?

We have an extensive network of temporary finance and accountancy professionals, all of whom have been previously interviewed and background checked by our experienced consultants so the right individuals can be in place typically within 24 hours of a need being identified.

We are seeing increased demand and need a new finance manager – are people looking for roles?

Very much so. There are sectors such as food retail and production, logistics and distribution, healthcare, online education providers, pharmaceuticals and IT suppliers and infrastructure where demand has increased and, as a result, need to expand their teams. Through our extensive database we can reach out to the very best talent and identify the top candidates for your recruitment needs.

Can I recruit a temp and make the position permanent when things return to normal?

It is important to be clear on the terms from the outset to ensure the right candidate is identified; it is not unusual for a role to become permanent, however some temps may not want a permanent position. Discuss this with your recruitment partner and they will identify ideal candidates.

How can I conduct interviews remotely?

With many people working from home, it can be easier to schedule interviews remotely. Platforms such as Zoom can replicate face-to-face meetings as closely as possible. Take a look at our advice on how to conduct a successful remote interview here

I have a new member of staff due to start – what should I do during lockdown?

Try to replicate your usual induction process albeit remotely. Provide induction packs online or via email, conduct a virtual tour and schedule introduction meetings via Zoom or Google Meet. Communicate your expectations for their first week and establish a routine for updates and progress checks. For more suggestions take a look here

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond CONTACT UStoday to discuss your recruitment needs with a member of our team.