Implications of FRS 102

Crowe Casts

Jonathan Dudley, Partner and Head of SME Corporates and Talitha Gibney, Business Solution Director
22/10/2024
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In this episode of Crowe Casts, Talitha Gibney, Business Solution Director and  Jonathan Dudley, Partner and Head of SME Corporates discuss the implications of FRS102. 
UK SMEs are facing a potentially catastrophic credit ‘down rating’ because of unintended consequences of accounting standard change. A revision to Financial Reporting Standard 102 (FRS102)  from 1 January 2026, has significant implications from as early as January 2025 – which is just weeks away.


Listen now to find out what those implications are and what you should be doing to avoid them.


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Podcast title Date Services Industries
22/10/2024
Business Solutions
12/07/2024
Corporate Finance
08/07/2024
Consulting
Technology and Media
27/06/2024
Tax for Private Clients
Private Wealth
26/04/2024
Tax for Private Clients
Real Estate
14/11/2023
Tax
Tax for Private Clients
Corporate Tax
Private Wealth
07/11/2023
Professional Practices

Contact us

Simon Warne
Simon Warne
Partner, Private Clients
Kent
Johnathan Dudley
Johnathan Dudley
Partner, Head of Manufacturing
Midlands

Related insight

From January 2026, the ICAEW's FRS 102 update may require small businesses with leased assets to undergo audits due to balance sheet reporting changes