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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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​WHEN IS THE RIGHT TIME TO MAKE THE MOVE?

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Starting to search for a new role is one of the biggest decisions you will make. For some, it may be very clear that the time has come to move on but for many, there could be a number of different factors to take into account before polishing up your CV and searching for that dream next move.

It can often take time to reach the conclusion that a new role is what you need – some people take between 12 months and two years before taking the steps to make the change. Whilst it may be good to take time to think through your options and not take drastic measures to having had a bad day at the office, it is also beneficial to consider if there is something which is holding you back and making you stay in a job you no longer enjoy such as opportunity for progression.

Have you got your feet well and truly under the table?

Your current role may be well within your comfort zone, you know what you are doing and you are getting paid a good salary. But it may no longer offer you any sort of challenge and as a result your heart just isn’t quite in it anymore. You are comfortable – but whilst it may seem like the easy option just to carry on, long-term you could find that you become increasingly dissatisfied with your position, your confidence will decrease and that dream role you have always wanted gets further and further out of reach.

What if you make the wrong decision?

This can be particularly tricky, especially if you are not majorly unhappy in your current role but you know that to take the next step in your career a change will be necessary. It’s worth having a chat to a specialist recruiter who can work with you to understand what you want to achieve in the longer term and can help map out the steps that will help you to achieve your goals.

Do you think that you would be letting your boss or colleagues down?

Loyalty is an important quality and one which is highly valued by employers and employees alike. Your boss may have given you a great opportunity or supported you in the past however if when you look ahead you cannot see that there is anywhere else for your to go, it could be time for you to look elsewhere. It is always difficult to leave behind your team members – particularly if you have worked with them for a long time and consider many of them to be friends. You might also feel guilty that your departure could be unsettling or add to the workloads of others but remember, nobody is irreplaceable and by leaving you may open up new opportunities for others.

Could you be jumping out of the frying pan into the fire?

What if my next job is no better than the one I’ve got? It is always beneficial to look at what you don’t like about your current position and try to separate aspects of the role itself with what you feel about the company and the people you work with. You might find that you enjoy the work that you are doing but a different organisation would be a better fit for you culturally; alternatively there could be elements of your current job where you would like to develop more in-depth knowledge and you should look to seek out opportunities within specialist areas.

Do you have time to look for a new job?

Searching for a new role can be extremely time consuming and potentially difficult to find opportunities to attend interviews around your current employment. Research which recruitment experts specialise in your sectors – they will work hard on your behalf and prove to be a useful conduit between yourself and potential employers.

What if you are rejected?

Are you put off applying for a new position just in case you don’t get it? It’s only natural to not want to experience rejection but instead of letting that hold you back, make sure you do your research into what the role involves and prepare careful responses to demonstrate your knowledge and experience. Put yourself in a practice interview situation to hone your skills – particularly if it has been a while since you applied for a position – and bear in mind that interviews are a two-way process so it is as much about you finding out if the opportunity and the company is right for you.

It is worth arranging an informal appointment with an experienced recruitment consultant who will be able to discuss with you the range of opportunities available and offer you confidential career advice which can help you come to the right decision.

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance and accountancy professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to find out more.