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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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WHAT TO CONSIDER BEFORE MAKING A MOVE

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“We would like to offer you the role.” After a nerve-wracking interview, they are the words every candidate wants to hear. But before accepting a new position, what are the final few things that you should you consider, to ensure that this career move is the right one for you?

The research and preparation work that you did in applying for the role should have given you a good insight into whether this move would help you achieve your career goals. And the interview was as much of an opportunity for you to decide if this is a company you would like to work for as it was for the employer to assess if you were the best candidate for the vacancy.

Making the decision to accept a new role is not one that should be taken lightly; there are several factors to consider before writing your letter of resignation.

Take a step back. Remember why you started your job search in the first place. Were you looking for a new challenge? Did you want additional responsibilities? Had your personal circumstances changed and you were looking to relocate? By focusing upon what prompted you to consider making a move will help determine if this new role addresses those key areas.

Look ahead. Take into account your longer-term ambitions and assess how this role will help achieve them. Will there be further opportunities for progression within the organisation? Is there scope for promotion within your new department and what training will be provided to help you? Could you gain valuable experience that will stand you in good stead for a future move?

Money, money, money. Salary is one of the biggest decision-making factors; more often than not, you will be hoping for an increase in your pay but have realistic expectations, taking into account the current market conditions and any variations between locations. Make sure you consider the overall package being offered and determine what ‘value’ perks and benefits such as pension contributions, holiday entitlement, flexible working, and subsidised gym membership hold for you.

Location, location, location. If you are used to working in the centre of town, consider what differences you might find working on an out-of-town business park? Similarly, if your new employer is based in the city centre, what will that mean in terms of a daily commute? Are there good bus or rail links? What will the traffic be like and is there plenty of parking available? Is the commute one that you will be prepared – and can afford – to do every day?

Being part of the team. You spend a large proportion of your time at work, so it is vital that the environment and culture is one which suits your approach and personality. Sharing the company’s values and vision is key and gelling with other team members will be essential in allowing you to perform in your role to the best of your ability. You need to have a good rapport with your manager, peers and those you will be responsible for – can you work with these people, will you learn from them, do they motivate you, can you inspire them to get the best results?

Work life balance. If you have spent a large proportion of the last 18 months working from home, if your new role will be primarily office based, how do you feel about that? Likewise, if you are keen to spend more time working alongside your colleagues in an office environment, what provisions are in place with your new employer? Do you have the opportunity to shape your working week in a way that enables you to have more flexibility about when and where you work? And how would the organisation’s approach to flexible working impact on your ability to familiarise yourself with the company and your team and enable you to perform fully in your role?

Sharp Consultancy specialises in the recruitment of temporary, interim and permanent finance and accountancy professionals. With offices in Leeds and Sheffield our highly experienced team of consultants recruit for positions throughout Yorkshire and beyond. CONTACT US today to find out more.