Navigating to FRS 102 lease accounting can be challenging, but with the right approach, the transition can be made much easier. This comprehensive guide offers valuable insights into the various paths and approaches available to organisations in the UK and Ireland as they transition to the revised standard.
By understanding the advantages and disadvantages of each option, including in-house lease accounting, outsourcing, spreadsheet models, and lease accounting software, businesses can make informed decisions to ensure a smooth and successful transition.
Whether you prioritise control, efficiency, or accuracy, our guide covers everything you need to know to identify the best path for your organisation.