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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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Maximising Workforce Flexibility: The Strategic Advantage of Transactional Temps

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​Why would a business utilise Transactional Temps?

In the ever-changing world of finance, the ability to adapt to changing circumstances is crucial. Transactional temps offer a strategic solution for companies looking to navigate the ebb and flow of business needs with precision. Covering absences is just the tip of the iceberg; these temporary professionals can seamlessly integrate into teams to maintain productivity, even in the face of unexpected leave or secondments. They are the unsung heroes in backlog clearance, adept at diving into accumulated work and emerging victorious, thus safeguarding a company's operational continuity.

During the inevitable rush of busy periods, transactional temps are akin to a cavalry charge, reinforcing your ranks precisely when you need it the most. Whether it's the end-of-year financial wrap-up or a surge in month-end processes, their presence ensures that your business not only survives but thrives under pressure. Moreover, their specialist skills are a huge benefit, filling gaps in expertise without the long-term commitment of a permanent hire, allowing for a nimble response to project-specific demands or a sudden need for specialised knowledge.

Above all, the flexibility transactional temps bring to the table is unparalleled. In an environment where market fluctuations are as certain as the sunrise, the ability to scale your workforce up or down without delay is invaluable. This adaptability can be the difference between seizing opportunities or watching them pass by. For the finance teams of many businesses, transactional temps are not just a temporary fix but a key component of a robust staffing strategy, enabling resilience and competitive advantage in a landscape that waits for no one.

What are the benefits of using a Transactional Temp specialist:

This is where the expertise of a Transactional Temp specialist becomes invaluable. Unforeseen circumstances often arise, necessitating immediate and effective staffing solutions. A specialist Transactional Temp Consultant, with a deep understanding of your business and its culture, can ensure a swift and successful temporary placement, mitigating the risks associated with urgent hiring needs.

The true strength of a specialist lies in their proactive approach. By maintaining a talent pool of thoroughly vetted and verified candidates, a Transactional Temp Consultant can guarantee not only a rapid response but also the highest quality of candidates. This pre-emptive strategy is crucial in a field where time is of the essence and the cost of a bad hire can be significant.

Moreover, a specialist's intimate knowledge of the market allows them to screen and decide which candidates won’t work, going beyond mere CVs to identify the truly desirable candidates. Their consultative nature means they don't just fill positions; they provide tailored solutions, and sometimes even alternative approaches, to your staffing challenges.

In conclusion, the benefits of partnering with a specialist finance and accounting Transactional Temp Consultant are clear. They offer speed, quality, and insight that a generalist supplier simply cannot match. In the fast-paced financial sector, such specialisation is not just an advantage—it's a necessity.

Is hiring a temp a Cost or a value?

The decision to hire a Transactional Temp is often met with hesitation, primarily due to cost concerns. However, a closer examination reveals that the value they bring can far outweigh the expense. Consider the alternative: the hidden costs of not hiring a temp. Overburdened permanent staff may suffer increasing demands and decreasing productivity, which can lead to costly errors or staff turnover.

A Transactional Temp offers a solution that is both flexible and controlled, allowing companies to manage their workforce in response to fluctuating demands. This agility is a significant advantage in the any sector where market conditions can change rapidly. By paying only for the hours needed, firms can maintain operational efficiency without the commitment of a permanent hire.

Moreover, the 'Temp to Perm' approach serves as a strategic 'try before you buy' model. It mitigates the risk of a permanent hiring mistake, which can be expensive and disruptive. In essence, a Transactional Temp specialist is not just a temporary cost but a strategic investment in the company's adaptability and resilience. By understanding the full spectrum of benefits, financial firms can make informed decisions that support their long-term success.

Are you looking to strengthen your team with top-tier finance and accountancy professionals? At Sharp Consultancy, we excel in connecting your business with exceptional talent for temporary, interim, or permanent roles. With our well-established offices in Leeds and Sheffield, our experienced consultants are dedicated to serving businesses across Yorkshire and beyond. Don't leave your recruitment needs to chance—contact us TODAY and let's find the perfect candidates to drive your business forward.