FRS 102 Lease Accounting Changes 2026: What SMEs Need to Know
Does your business lease property, vehicles or equipment? If so, important changes to FRS 102 lease accounting rules are coming into effect and could significantly impact your financial statements. James Haywood, Page Kirk partner, explains how the changes could affect reported profits, balance sheets, gearing ratios and even audit thresholds, along with what businesses should […]
The 5 Biggest Audit Risks in Multinational Groups
It’s hard to ensure consistency and coordination when dealing with cross-border complexities, writes Chartered Accountant James Allsop. As a Manager at Page Kirk, he works alongside multinational groups and shares some of the key issues that require careful attention. Multinational audit risks – article summary Cross-border groups often struggle with inconsistent governance and reporting Common […]
What is your charity audit process telling you?
If you’re a trustee of a charity, the buck stops with you. That’s why any concerns flagged in audits should be a signal for action, writes Page Kirk partner James Haywood, who specialises in the charity sector. Taking on a governance role in a charity comes with quite a range of responsibilities, even if the […]
Avoid manufacturing problems: make sure your auditor is up to speed
While all statutory audits can produce challenges, it takes a special depth of experience and sector knowledge to deal with the issues that arise in manufacturing, argues Page Kirk’s Managing Partner John Wallis. As an auditor, I’m often asked which sectors are the hardest to work in or produce the most complications. It’s difficult to […]
Getting in the audit zone
If you’re the Finance Director of a larger business, you may well be comfortable with the whole audit process. But how do you actually maximise its value? Here are seven suggestions from audit partner, John Wallis, at Page Kirk. The more strategic and proactive you are with audit, the more your business can get out […]