FRS 102 – Are you ready?
The upcoming changes to FRS 102 represent one of the most significant updates to UK financial reporting in recent years. For many organisations, the impact will extend beyond the finance team, affecting financial reporting, systems, processes, covenants, KPIs and stakeholder communications.
The earlier you understand the implications, the more time you’ll have to plan, avoid surprises and implement changes with confidence.
What you’ll receive
- A risk assessment score
- Key questions to help identify potential risks and gaps
- A simple way to benchmark your current level of preparedness
Don’t wait until the changes become a reporting issue. Take our questionnaire today and take the first step towards a smooth transition to the updated FRS 102 requirements.
Our practical questionnaire has been designed for CFOs, Finance Directors and Heads of Finance who want to quickly assess whether their organisation is prepared for the new requirements.
In just a few minutes, you’ll be able to identify:
- Whether you’ve assessed which areas of the business will be affected
- If your accounting policies and financial reporting processes need updating
- Whether your systems and data are capable of supporting the new requirements
- If key stakeholders across the business are engaged
- Any gaps that should be addressed before implementation
Whether you’re just starting your planning or validating work already underway, this checklist provides a clear framework to help you assess your readiness.
