FRED 82 & FRS 102: What UK and Irish Businesses Need to Know

Lucernex

Big changes are coming to financial reporting in the UK and Ireland. FRED 82 proposes updates to FRS 102 that bring it closer to global standards like IFRS 16. In this short video, get a quick overview of the key changes—especially to lease accounting and revenue recognition—and what they could mean for your business.

The Financial Reporting Exposure Draft (FRED) 82 will significantly reshape how businesses approach lease accounting, revenue recognition, and other financial reporting areas under FRS 102. These changes will impact multiple teams, including finance, IT, procurement, and HR.

Watch the video below to understand what’s changing, why it matters, and how to start preparing.

Want to go deeper?

Download our white paper for a detailed look at how FRED 82 will affect UK and Irish businesses. You’ll gain expert insights into the key updates, the implications for your operations, and practical steps you can take before the January 2026 deadline.

Get the White Paper and start preparing with confidence.

FRED 82 & FRS 102: What UK and Irish Businesses Need to Know

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