Your FRS 102 Lease Accounting Survival Kit
Everything you need to simplify the UK & Ireland’s lease accounting standard.
FRS 102 Lease Transition Guide
The evolution of FRS 102 signals the end of off-balance-sheet operating leases for UK and Irish businesses. This fundamental shift demands a precise, strategic approach to managing your balance sheet.
We created the FRS 102 Transition Guide to ensure you navigate this complexity with confidence. Inside, you will find a 10-step roadmap, essential data validation strategies, and expert advice on automating compliance to mitigate risk.
Download your free guide to get started, or explore our full library of FRS 102 resources below.
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FRS 102: Example of a Lease Accounting Transition & Lessons Learnt
Date: 23 September 2026 | Time: 1:30 pm GMT
Transitioning to the new rules could prove far more complex and time-consuming than you expect. In this session, we will break down the intricacies of the updated FRS 102 lease accounting standard and help you evaluate its impact on your organisation. We will walk through a practical transition example to ensure you confidently master the correct accounting treatment for your leases.
Navigating the Shift
FAQ Guide: The 58 Most Pressing Lease Accounting Questions from your Peers
To guide your transition, our technical accountants have compiled clear, practical answers to the most pressing questions asked by UK finance professionals.
Case Study
See how the University of Oxford achieved audit-readiness and streamlined their FRS 102 compliance.
KPMG, Lease Solutions Pro & FinQuery: FRS 102 Lease Accounting Roundtable
Recommended Tools For You
FRS 102 Present Value Calculator
Navigating the complexities of Section 11 and 12 of FRS 102 doesn’t have to be a manual burden. Whether you are accounting for long-term lease liabilities, deferred payments, or complex financial instruments, determining the Present Value (PV) is a critical step in ensuring your balance sheet reflects reality.
FRS 102 Implicit Rate Calculator
Determining the implicit rate of interest shouldn’t be a manual hurdle in your year-end workflow. Whether you’re unbundling zero-interest loans or complex lease arrangements, identifying the correct rate is essential for FRS 102 compliance and accurate present value measurement. Our calculator instantly derives a defensible rate from your cash flows, ensuring your financial instruments are recorded with precision and audit-ready transparency.
FRS 102 Lease Asset Tracker
Maintaining a clean lease register shouldn’t be a spreadsheets nightmare. From tracking ROU asset depreciation to managing complex payment schedules under Section 20, keeping your lease data organized is vital for accurate FRS 102 reporting. Whether you’re handling a single fleet or a diverse property portfolio, our Lease Asset Tracker centralizes your data, automates adjustments, and ensures your disclosures remain consistently audit-ready and compliant.
FRS 102 Software Selection Guide
UK GAAP preparers are discovering that simple spreadsheets and basic ERP modules cannot handle the complex mathematical modelling required to capitalise assets under the amended FRC lease accounting framework.
This guide provides an objective framework to evaluate the market across critical compliance and operational metrics to help you navigate this shift in financial reporting.
FRS 102 Webinars & Events
Welcome to our events and webinars hub, your go-to resource for mastering the transition from manual, spreadsheet-driven workflows to seamless compliance.
Whether you’re looking for expert-led technical walkthroughs, real-world case studies featuring detailed amortization tables, or strategies to eliminate reporting risks, our upcoming sessions are designed to give UK and Irish finance teams the exact tools they need. Explore our line-up below, secure your spot for our live events, and transform your lease accounting into a pillar of financial accuracy.
Why Waiting Until 2026 to Think About FRS 102 Lease Accounting is a Mistake for UK Accounting Teams
Your Guide to Choosing FRS 102 Lease Accounting Software
Overwhelmed by lease accounting changes in FRS 102?
This guide provides 13 crucial questions to help you confidently evaluate vendors and choose the right solution for your FRS 102 lease accounting compliance needs.
Ready to Streamline Your FRS 102 Compliance with FinQuery?
- Accelerate your month-end close with automated journal entries.
- Simplify audit readiness with a centralised, digital trail.
- Guarantee accurate balance sheet recognition for all lease obligations.
- Eliminate the risk of manual spreadsheet errors and broken formulas.
- Prepare confidently for the 2026 lease accounting amendments.
Expert Blog Series
FRS 102 Detailed Lease Transition Example: Master the FRS 102 amendments, comparing them to IFRS 16 with a practical walkthrough of amortisation schedules and journal entries.
