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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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I’m searching for a new role and I want to make sure I make the right decision about my next move – what should I be considering to ensure that my next company is right for me?

This is such an important part of the job search process and one, which if overlooked, can end up turning what initially looks like a dream job into a wrong move.

It’s very easy when you are caught up in the excitement of the prospect of a new role to somewhat ignore some of the red flags or warning signs which can appear at different stages of the journey. And whilst finding – and securing – the right role is difficult; you shouldn’t overlook how important it is to opt for an organisation where the culture and values align with your own.

During the interview process, potential employers will be looking to hire candidates that will flourish in their corporate culture, and it is essential that you also use this as an opportunity to evaluate whether or not the company, your new colleagues, the leadership team and your boss will be right for you.

So what should you be looking for? An organisation’s culture will be based upon the ideas and beliefs that the company has, and this will – or should – run all through the business and every aspect of its operations to shape how it does business and the way in which its employees behave.

Ensuring the right cultural fit is important both from an employee and employer perspective; individuals are most likely to thrive when they are in an environment that they feel comfortable in and are able to operate and express themselves confidently. Whilst there will be slightly different approaches, each member of the team needs to be on the same page and working towards the same operational goals, particularly as your own professional growth and progression are likely to be entwined with surrounding yourself with like-minded individuals and a team that you can get along with.

There’s no right or wrongs when it comes to determining if an organisation has a ‘good’ culture as it is very much down to individual characters and personalities; for example a highly driven and sales focused environment may suit someone who thrives in that atmosphere whereas for another person, a business that is built around collaborative team working might be more suitable.

How to gain an insight into an organisation’s culture:

1.Do your research. Take a look at the company’s website, follow them on social media, read articles in various media titles to help you build a picture of how they are looking to present themselves.

2.If you are attending the interview in person take a good look around. Does the environment seem formal or more relaxed? Look for clues such as the layout of the office, how members of the team are interacting with each other – is there seem to a lot of communication between them or is the workplace more subdued – what is the dress code, are the senior management working alongside other members of the team or are they in separate offices?

3.Read between the lines. During your interview ask key questions about the aims and objectives of the organisation and how they plan to achieve these – listen carefully to the answers they share to get an indication of how much emphasis they place upon the various factors needed to reach success.

4.Show an interest in the person who is interviewing you and their experience of the company. How long have they been with the organsiation, what training and development opportunities have they benefited from, what is their management style, do you feel motivated and inspired by them?

5.Talk to others. Ask if there is an opportunity during the recruitment process to meet the team you would be potentially working with to see if these are people that you could gel with.

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 for expert advice on your next career move.

ASK THE EXPERT – HOW DO I KNOW IF A COMPANY WILL BE RIGHT FOR ME?

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