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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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THE HEAT IS ON…

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THE HEAT IS ON…

We take a look at a few of the most common staff related situations employers are likely to face as summer temperatures (hopefully) rise.

Handling holiday requests

Certain times of the year are more popular for holiday requests – particularly if employees need to fall in line with school holiday times – so make sure that you adopt a fair and consistent approach.Also consider if you will need any additional seasonal staff to cover holidays or peak business periods and start the recruitment process early.

Late return from holiday

We’re potentially looking at disruption to travel plans over the summer months; ensure that all staff are made aware of what they should do if they find themselves unable to return to work following a holiday.

The heat is on...

Make sure the work environment is comfortable and take steps to monitor the temperature throughout the day as well as ensure adequate provision is made for air conditioning or fans to keep employees cool.

Dress for success...

Employers may adopt a more relaxed dress code during the warmer months however staff should still dress appropriately for the role that they perform and employers should be clear on their expectations.

‘Long’ weekends

The summer months can lead to a spate of last-minute or even unauthorised days off as employees want to take advantage of the nice weather. Employers need to ensure that they have suitable provisions in place to cover increased holidays as well as a process to monitor absenteeism and ensure that any unexpected reasons for not coming to work are indeed genuine.

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.