Articles
Income recognition on commercial contracts Updated FRS 102 and Charity SORP (2026)
16th December 2025
The updated FRS 102 introduces, for the first time, an overarching methodology for the recognition of commercial income (income from contracts with customers) and brings FRS 102 into line with IFRS 15.
Charities SORP (October 2025) – The Key Changes
16th December 2025
The updated Charities SORP, which was issued in September 2025, includes a number of significant accounting and reporting changes which charities will need to carefully consider during 2026.
Lease accounting – The new regime
13th December 2025
The updated FRS 102 (September 2024 version) comes into effect for accounting periods commencing on or after 1 January 2026. We take a look at one of the main changes happening regarding lease accounting requirements.
Key Budget Announcements 2025
3rd December 2025
We take a look at the key announcements from the Autumn Budget 2025, highlighting the primary tax changes and business updates.
