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Report FRS 102: Major changes to revenue recognitionExplore key changes to FRS 102 Section 23, including the new five-step revenue model and its impact on financial reporting in Ireland and the UK.
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Article Changes to filing options and requirements at Companies HouseFrom April 2027, Companies House will require all UK entities to file digital accounts. Learn what’s changing and how to prepare for the new rules.
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Article FRS 102 periodic review: Small companiesExplore key changes to small company disclosures under FRS 102 Section 1A, including UK GAAP updates on leases, tax, going concern and related parties.
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Article FRS 102 periodic review: Other changesOn 27 March 2024, the Financial Reporting Council issued amendments to FRS 100 – 105 (known as GAAP, or Generally Accepted Accounting Practice), a suite of accounting standards applicable in the UK and Ireland. These are used by an estimated 3.4 million businesses in preparing their financial statements.
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Leading professional services firm Grant Thornton has announced the appointments of seven new Directors at its office in Belfast as it experiences sustained demand across all service lines.
Emma Andrews and Nikita Lynn are the latest Directors appointed to the Audit department, whilst Gemma Johnson and Liam McHenry take up the positions in the Tax team.
Additional Director appointments include, Peter Coyle (Risk, Compliance and Professional Standards), Aine Logan (Financial Services Advisory) and Neil Hughes (People and Change Consulting).
Following the announcement, Grant Thornton Northern Ireland Managing Partner Richard Gillan said that the appointments, part of a wider round of promotions within the firm, reflected continued business growth and a commitment to employee development.
“At Grant Thornton, we are committed to continually investing in our people to allow them to reach their full potential,” he said.
“All those newly appointed as Directors have not only demonstrated fantastic ability, but also a dedication to personal progression.
“These recent promotions are richly deserved and I have no doubt that each of our new Directors will continue to make a significant contribution to the ongoing success of the business.”
Revenues at Grant Thornton’s Belfast office have increased sevenfold in the last eight years, as the firm continues to disrupt the local market. Working across all sectors, the practice continues to experience exceptional demand from many of Northern Ireland’s leading corporates.
Grant Thornton in Northern Ireland has been consistently recognised by its people as an outstandingemployer, with exceptional Employee Net Promoter Scores, which measure how likely a member of staff is to recommend the firm as a place to work.
Richard added:
“Our commitment to promoting employee wellbeing and developing the talent of staff will allow us to maintain our reputation not only as a firm dedicated to delivering added value and going the extra mile for our clients, but also as a firm that puts its people at the centre of everything it does.”