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FRS 102 Revised Seminar Brings South Yorkshire Finance Leaders Together

In collaboration with Shorts Chartered Accountants, we recently hosted a seminar for senior finance professionals from across the region.The event brought together a number of Finance Directors, Financial Controllers and senior leaders from across the region for a morning of insight, discussion and networking over breakfast. It was a pleasure to welcome so many familiar faces, alongside new contacts, reflecting the strength and depth of the Yorkshire finance community. The seminar was presented by Howard Freeman, Audit & Accounts Partner, and Andy Ryder, Corporate Finance Partner at Shorts. We are extremely grateful to both speakers for sharing their time and expertise, and for delivering a clear, practical overview of the forthcoming changes to FRS 102, which came into effect on 1 January 2026 and are expected to impact a significant number of UK businesses. The session explored what is changing and why, particularly in relation to lease accounting and revenue recognition, and considered what the updates mean in practice for finance teams and business leaders. The speakers also addressed the new reporting requirements under FRS 102, the potential impact on EBITDA and valuation methodologies, and the key considerations for organisations as they prepare for implementation. Rather than focusing purely on technical detail, the seminar encouraged broader discussion around readiness, communication with stakeholders and the commercial implications of the changes. This led to a highly engaged Q&A session, with attendees sharing perspectives and experiences from their own organisations. At Sharp Consultancy, we are committed to supporting the finance community beyond recruitment alone. Events such as this form part of our ongoing effort to create opportunities for connection, knowledge-sharing and professional development among senior finance professionals. We would like to extend our sincere thanks to Shorts for partnering with us on this event, and in particular to Howard and Andy for delivering such an informative and thought-provoking session. We are also grateful to everyone who attended and contributed to the discussion. We look forward to hosting further events in the coming months and continuing to work closely with our network of finance leaders across the region.If you would like to discuss how these changes may impact your finance team, or if you are considering strengthening your leadership function, please contact us for a confidential conversation.

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Here’s the first in a new regular series where we look to offer help and advice to candidates, employees and employers on a range of career progression and recruitment topics. Our highly experienced team of consultants will utilise their skills and knowledge to share insights in how to best to handle today’s burning workplace issues.

My workload is becoming too much for me to handle; I need some help but I don’t know how to ask as I’m worried it will look like I can’t cope and could affect my career prospects. What should I do?

Firstly, well done for recognising that you have become overloaded; it’s not always easy to admit and many people will try to hide the fact because, as you say, they are concerned that if they seem to be unable to cope it could affect their chances for promotion.

It is important to understand that feeling overwhelmed is not a sign of failure or that you are unable to do your job. Try to establish why you are overworked – is it because it is a busy time at work, there’s an important deadline looming or you are covering for a colleague who is absent, in which case your increased workload may be a temporary issue or is this an ongoing situation as too much is being expected of you because more tasks have been added to your remit.

Whatever the cause, it is important to address the matter in the right way; you don’t want to come across as complaining – even if your concerns are genuine – but instead you should demonstrate that you want to do the best possible job and that you don’t feel you can currently perform to the best of your ability.

Before speaking to your line manager, give some consideration to what tasks you are currently working on, what time will need to be allocated to them and any deadlines that have been set so you can look at how they can be prioritised. It is possible that after doing this exercise you may find that you can manage your workload better than you initially thought.

If however, you find that there is too much that needs to be done in too short a time frame, arrange to speak to your boss to agree the most appropriate way forward. Demonstrate that you have given the matter some thought by going into the discussion armed with possible solutions such as where another member of the team could provide assistance, a deadline that could be rearranged or a task that could be allocated to a colleague.

Your manager should appreciate your honesty and that you have identified not only that there is issue but have taken the initiative to come up with possible solutions before it’s too late to resolve the matter. In doing so, you will have demonstrated to your manager that you are prepared to take responsibility for your workload and can think through a situation and are not simply wanting someone else to sort out the problem for you.

Good luck!

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to discuss your recruitment needs with a member of our team.