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Webinar – FRS 102 in Focus: What CFOs need to know about revenue recognition and lease accounting changes

Tuesday 12 May | 15:00 – 16:00 BST

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Alongside our Blick Rothenberg hosts Jaykishan Shah and Mandy Girder, Matt Howells, Audit Technical Partner at Azets, will break down what these changes mean for CFOs and finance leaders

Register to access the webinar replay

FRS 102 is changing – are you prepared?

Key changes to UK accounting standards are coming that could have a significant impact on your financial statements, balance sheet and key performance metrics. Updates to revenue recognition and lease accounting under FRS 102 will bring UK GAAP closer to IFRS, but with that alignment comes increased complexity and judgement for finance teams.

In this practical and interactive webinar, Matt Howells, Audit Technical Partner at Azets, will break down what these changes mean for CFOs and finance leaders, what you need to be thinking about now, and how to avoid surprises when the new standards take effect.

What we’ll cover

The new approach to revenue recognition

The updated standard introduces a five step model requiring more detailed analysis of customer contracts, performance obligations and timing of revenue recognition. We’ll explain how this differs from the current approach and where CFOs are most likely to see changes in reported revenue.

On balance sheet lease accounting

For lessees, many leases will no longer be treated simply as rental expenses through profit or loss. Instead, organisations will need to recognise a right of use asset and corresponding lease liability, with implications for EBITDA, net assets and financing metrics.

The wider business impact

These changes don’t just affect statutory accounts. We’ll explore the knock on effects for:

  • Financial covenants and lender discussions
  • Key KPIs such as EBITDA
  • Management reporting and forecasting
  • Investor and stakeholder communications

What CFOs should be doing now

Although the changes apply for accounting periods commencing on or after 1 January 2026, early preparation is critical. Matt will outline practical steps CFOs can take now to assess impact, align stakeholders and ensure a smooth transition.

Interactive Q&A

This session will be highly interactive, with time built in for live Q&A.

When you register, you’ll also have the opportunity to submit your questions in advance, allowing us to tailor the discussion to the issues most relevant to your organisation.

Why attend?

By joining this webinar, CFOs will gain:

  • Clarity on how the FRS 102 changes affect revenue, leases and financial performance
  • Practical insight into the areas likely to require the greatest judgement and effort
  • Confidence in speaking to boards, lenders and investors about the impact
  • Actionable guidance on preparing for transition without disruption

Ready to get ahead of the changes?

Register now to secure your place and ensure your finance team is prepared for the upcoming updates to FRS 102.

Copyright © Blick Rothenberg Limited 2026, All rights reserved

While we have taken every care to ensure that the information in this webinar is correct on the date held it has been prepared for general information purposes only and is not intended to amount to advice on which you should rely.