Lease accounting: a simple guide to FRS 102

Major changes to lease accounting are on the horizon

Big changes are coming to UK GAAP FRS 102, and it's essential for businesses in the UK and Ireland to know what these mean for them. This guide is your roadmap to understanding the upcoming changes and achieving compliance.

As you embark on this journey, it offers insights to assist you in navigating the changes and preparing your organisation for a seamless transition.

What can you expect to find in this guide?

We delve into potential commercial impacts and considerations, exploring practical approaches and transition options. We also provide a clear roadmap of strategic steps for embracing the new standard.

Here's what you'll learn:

How the latest FRS 102 amendment to lease accounting will impact your business
How the changes will influence your organisation's financial reporting
Key obstacles to achieving compliance
Lessons from IFRS 16 to support your FRS 102 adoption
Steps to prepare your business for effective application of the new standard

To stay ahead of the curve on these critical changes, complete the form to access our simple guide to FRS 102 lease accounting.

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Why IRIS Innervision?

IRIS Innervision’s lease accounting software is a proven solution that simplifies compliance with the IFRS 16, FRS 102, and ASC 842 standards. Thousands of finance professionals around the world rely on IRIS Innervision to transform their leasing processes, centralise their data and automate lease accounting compliance.