The entities handling the transition to UK GAAP (2024) revisions are unlikely to be the ones with the deepest technical knowledge, they are likely to be the ones treating it as a project with stages, owners and dates, rather than as a technical problem to be solved at the year-end.

The distinction matters more than it sounds, because almost everything that goes wrong at a first year-end under the revised standards was preventable months earlier, and usually cheaply. The time to act is now. Signposts are made throughout to the recent Q&A series for more detail - and a brand new CPD course is available on Navigate Learning.