24 Nov FRS 102 Is Changing in January 2026: What Finance Teams Need to Know..
The Financial Reporting Council’s (FRC) Periodic Review 2024 introduces major updates to FRS 102 from 1 January 2026. According to the FRC, the biggest changes affect lease accounting, revenue recognition, and disclosures, with some supplier-finance disclosures applying a year earlier (2025). This is a significant shift...