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In this webcast, EY partners analyse key changes from the Financial Reporting Council’s 2024 review of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.
In this webcast, partners from our Financial Accounting Advisory Services business provide an update on key changes resulting from the Financial Reporting Council’s (FRC) 2024 periodic review of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (‘FRS 102’).
This 60-minute webcast includes:
An overview of the key changes arising from the FRC’s 2024 periodic review of FRS 102.
What businesses need to know about the reporting of revenue recognition and leases - the two areas where the most significant changes have been made - to further align with International Financial Reporting Standards.
How to prepare for, and the major challenges associated with, updates.
After this webcast, attendees will:
Understand key differences between the previous standard and the amended version
Appreciate the broader financial accounting impact on businesses reporting under FRS 102 in the UK and the Republic of Ireland
Learn how finance functions can prepare for the upcoming changes.
Panellists:
Emily Browne, Partner, Financial Accounting Advisory Services (FAAS), Ernst & Young LLP
Satish Pillai, Partner, Financial Accounting Advisory Services (FAAS), Ernst & Young LLP