by FinQuery | Jun 4, 2026
As the 2026 adoption year for the FRS 102 lease accounting amendments continues, most UK finance teams are focused on the immediate math of transition – calculating present values and building amortisation schedules. But at a recent roundtable hosted by FinQuery, Mark...
by Nicole Heath | Feb 24, 2026
FRS 102 The 46 Most Pressing Lease Accounting Questions from your Peers We have compiled answers to the most pressing questions asked by UK and Irish accounting professionals to help you navigate this shift with confidence. The era of “off-balance sheet”...
by Rachel Reed, Team Lead, Technical Accounting Consultants | Jan 21, 2026
Lease accounting has undergone significant changes with the amendments to FRS 102, the financial reporting standard applicable for organisations in Ireland and the UK. Specifically, Section 20, Leases, introduces a single on-balance sheet model for lessees, requiring...
by Nicole Heath | Dec 29, 2025
University of Oxford Slashes £55,000 in Audit Fees and Secures FRS 102 Compliance with FinQuery Click here to access a downloadable version of this case study. Read Our Story IndustryHigher Education LocationOxford, United Kingdom Leases50 leases under FRS 102 The...
by Emily Fish, Director, Product Accounting | Nov 24, 2025
The US Financial Accounting Standards Board (FASB) recently completed its Post-Implementation Review (PIR) of ASC 842, the US lease accounting standard. While you may be focused on your own FRS 102 transition for operating leases, there are critical, high-cost lessons...
by FinQuery | Oct 3, 2025
The mandatory effective date for lease accounting changes to FRS 102, which will bring most operating leases onto the balance sheet, is set for 1 January 2026. With what feels like plenty of time, it’s tempting to push this transition to the bottom of the priority...
