Choosing the right path to compliance
Transitioning to FRS 102 lease accounting can be challenging, but the right approach can make it easier. Download our guide for expert guidance and insights that will help you identify the best path to compliance for your organisation.
Examining the routes to compliance
Transitioning to the revised FRS 102 lease accounting standards can be an overwhelming task for businesses in the UK and Ireland. With numerous paths and approaches available, the choices made can greatly impact the success of this transition. To assist organisations in navigating this intricate process, we have designed this comprehensive guide that examines the advantages and disadvantages of each option.
What can you expect to find in this guide?
We've got you covered with a complete rundown of the various paths and approaches available for organisations transitioning to the new lease accounting standards (FRS 102). Let's dive into the advantages and disadvantages of each option:
- In-house lease accounting: perfect for organisations that want complete control over the process.
- Outsourced lease accounting: ideal for organisations that prefer to delegate to an expert third-party.
- Spreadsheet models: a practical option for businesses that value accessibility and familiarity.
- Lease accounting software: perfect for organisations that want a trusted and accurate solution.
By taking into consideration the various paths available, businesses can make informed decisions that can ensure a successful transition. Download our guide today to get started!