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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 Sharp Consultancy team having a group drink after their first charity day.

​Sharp Consultancy Supports Yorkshire Children’s Charity’s annual schools day out at Cannon Hall Farm.

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On Wednesday, September 11th, half of our staff from both the Sheffield and Leeds offices volunteered to support Yorkshire Children’s Charity. Each year, this charity provides hundreds of children from schools across Yorkshire with the opportunity to enjoy a fantastic day out at Cannon Hall Farm, and they rely on many volunteers to make this happen.

This year, over 600 children who might otherwise not be able to enjoy a day trip like this, partook in what turned out to be a brilliant day. Yorkshire Children’s Charity is very close to our hearts here at Sharp Consultancy as not only is it focused on the county we call home, the charity helps children who for a variety of reasons, are in a position of disadvantage. For many of these children, this was their first visit to a farm and possibly their first experience outside their local area.

 

The Sharp Consultancy team having a group drink after their first charity day.

Apart from a brief deluge for 10 minutes at the start of the day and a light shower at the end the day, the rain mostly stayed away. The team from Sharp Consultancy, along with many other volunteers helped get the packed lunches delivered, drinks poured, biscuits distributed and joined the teachers showing the children around the farm – from reptile houses to the pig pens (much holding of noses and retching noises!), tractor rides to see Llama’s and reindeer, sheep racing, ferret racing, meerkats and mongoose. It was a day like no other.

Members of the Sharp Consultancy team at their first charity day for the Yorkshire Childrens Charity.

No matter how old you are, if you think back really hard, you can probably just about remember the first time you saw a snake or huge monitor lizard in a zoo; or goggled at the size of a shire horse and the amazement you felt – multiply this by 608 children and you might just have some idea how special the day was.

 

And don’t children ask the best questions. I have never been asked so many questions I didn’t know the answer to – ‘Why do snakes put their heads in that position?’ Why are some leaf cutter ants carrying leaves to their nest and some carrying them away from their nest?’ Why is that cow laying down and that one stood up?’  my answer – ‘it must be tired’ – there response ‘what’s it been doing to get tired?’ Or my favourite ‘What can run faster, a meerkat or a ferret?’.

 

The team here at Sharp Consultancy had an amazing day (I think if enjoyment could be measured, we’d have given the children a run for their money!)

 

Members of the Sharp Consultancy team at their first charity day for the Yorkshire Childrens Charity.

It was a humbling and enlightening experience and on occasions, very emotional (my word, you really appreciate just exactly

A photo from the first Sharp Consultancy charity volunteer day.

how lucky you are and have been). Most of all though it was a delight to meet 608 amazing young people, dozens of teachers and assistants (you really are heroes, and nothing will make me change my mind on that) and all our fellow volunteers and charity employees Annabel and Abbie – join the teachers in our collective hero worship.

 

A day to remember…forever.