{"id":17504,"date":"2026-04-24T16:10:01","date_gmt":"2026-04-24T10:40:01","guid":{"rendered":"https:\/\/befreeltd.com\/uk\/?p=17504"},"modified":"2026-04-24T16:52:33","modified_gmt":"2026-04-24T11:22:33","slug":"accounting-standard-update","status":"publish","type":"post","link":"https:\/\/befreeltd.com\/uk\/resources\/blogs\/accounting-standard-update\/","title":{"rendered":"Accounting Standard Update UK 2026: Key Updates Businesses Must Know"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17504\" class=\"elementor elementor-17504\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c34a537 e-flex e-con-boxed e-con e-parent\" data-id=\"6c34a537\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67797eaf elementor-widget elementor-widget-text-editor\" data-id=\"67797eaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The UK accounting landscape is undergoing significant change. From January 2026, new financial reporting rules will come into effect. These changes will affect how businesses record income, manage lease accounts, and prepare financial statements. The updates come from the Financial Reporting Council (FRC) as part of its latest review of UK GAAP. The goal is to make reporting clearer, more transparent, and better aligned with international standards.<\/p><p>For businesses, this is more than just an accounting rule change. It could impact your reporting systems, key financial figures, and compliance responsibilities. This guide breaks down the latest accounting standard updates and what they mean for your reporting, compliance, and operational processes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c21b564 elementor-widget elementor-widget-heading\" data-id=\"7c21b564\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Overview of the Latest Accounting Updates in the UK<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e54e459 elementor-widget elementor-widget-text-editor\" data-id=\"e54e459\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The most significant accounting standard update is the revision to FRS 102, the main financial reporting standard for UK and Irish businesses.<\/p><ul><li>The updates apply to accounting periods beginning on or after 1 January 2026.\u00a0<\/li><li>They were introduced as part of the FRC\u2019s Periodic Review 2024\u00a0<\/li><li>The goal is to improve consistency with global standards such as IFRS<\/li><\/ul><p><br \/>These changes represent one of the most significant updates to UK GAAP in recent years, impacting businesses of all sizes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25a41f2 elementor-widget elementor-widget-heading\" data-id=\"25a41f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Accounting Standard Update 2026: What\u2019s Changing?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ead01be elementor-widget elementor-widget-text-editor\" data-id=\"ead01be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Area<\/strong><\/p><\/td><td><p><strong>What\u2019s Changing<\/strong><\/p><\/td><td><p><strong>Why It Matters<\/strong><\/p><\/td><\/tr><tr><td><p>Lease Accounting<\/p><\/td><td><p>Most leases move onto the balance sheet<\/p><\/td><td><p>Greater transparency, higher liabilities<\/p><\/td><\/tr><tr><td><p>Revenue Recognition<\/p><\/td><td><p>New 5-step model<\/p><\/td><td><p>Changes the timing of revenue<\/p><\/td><\/tr><tr><td><p>Disclosures<\/p><\/td><td><p>Expanded reporting requirements<\/p><\/td><td><p>Increased compliance workload<\/p><\/td><\/tr><tr><td><p>Tax &amp; Financial Metrics<\/p><\/td><td><p>Indirect impact<\/p><\/td><td><p>Affects EBITDA, covenants<\/p><\/td><\/tr><\/tbody><\/table><p>As reporting requirements become more complex, many organisations are turning to\u00a0<a href=\"https:\/\/befreeltd.com\/uk\/services\/accounting-outsourcing\/\">accounting outsourcing<\/a>\u00a0to improve accuracy, manage workloads, and maintain compliance under the updated FRS 102 framework.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fc814c1 elementor-widget elementor-widget-heading\" data-id=\"fc814c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Lease Accounting Changes<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8b39bb elementor-widget elementor-widget-text-editor\" data-id=\"c8b39bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The new lease accounting changes are another major shift.<\/p><ul><li>Most leases must now be recognised on the balance sheet<\/li><li>Businesses will record a right-of-use asset and a lease liability<\/li><li>This improves transparency but increases reporting complexity<\/li><\/ul><p><br \/>Previously, many leases were kept off the balance sheet. From 2026, this will no longer be the case for most companies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-84b7523 elementor-widget elementor-widget-heading\" data-id=\"84b7523\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Revenue Recognition Changes<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-667efc2 elementor-widget elementor-widget-text-editor\" data-id=\"667efc2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>One of the most important accounting updates is the introduction of a five-step revenue recognition model, similar to\u00a0<a href=\"https:\/\/www.ifrs.org\/issued-standards\/list-of-standards\/ifrs-15-revenue-from-contracts-with-customers\/\" target=\"blank\" rel=\"nofollow\">IFRS 15<\/a>.<\/p><p>This model requires businesses to:<\/p><ul><li>Identify contracts with customers<\/li><li>Identify performance obligations<\/li><li>Determine transaction price<\/li><li>Allocate price to obligations<\/li><li>Recognise revenue when obligations are met<\/li><\/ul><p><br \/>This structured approach means businesses must review contracts more carefully, especially for long-term or complex agreements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56b62b0 elementor-widget elementor-widget-heading\" data-id=\"56b62b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Enhanced Disclosure Requirements<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec7badb elementor-widget elementor-widget-text-editor\" data-id=\"ec7badb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The updated standard also introduces stricter disclosure requirements.<\/p><p>Businesses must provide more detailed information on:<\/p><ul><li>Related party transactions<\/li><li>Taxation and financial instruments<\/li><li>Share-based payments<br \/><br \/><\/li><\/ul><p>These changes are designed to make financial reporting clearer, more accurate, and easier to understand.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcf417b elementor-widget elementor-widget-heading\" data-id=\"fcf417b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Tax &amp; Financial Metrics Impact<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a7de37 elementor-widget elementor-widget-text-editor\" data-id=\"9a7de37\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The new accounting rules may also affect important business financial metrics.<\/p><ul><li>Lease liabilities could increase reported debt levels<\/li><li>EBITDA may rise because lease costs move into depreciation and interest<\/li><li>Loan covenants may need review<\/li><li>Tax positions could be affected depending on profit calculations<\/li><\/ul><p><br \/>These changes mean businesses should review financial agreements, forecasts, and reporting measures before the new rules begin. Given the potential impact on tax positions and reporting, many businesses are also reviewing their tax processes, with some choosing\u00a0<a href=\"https:\/\/befreeltd.com\/uk\/services\/tax-outsourcing\/\">tax outsourcing<\/a>\u00a0to improve consistency and reduce compliance risk during the transition.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80c6024 elementor-widget elementor-widget-heading\" data-id=\"80c6024\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Effective Dates and Transition<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-868c9db elementor-widget elementor-widget-text-editor\" data-id=\"868c9db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Effective date: 1 January 2026<\/li><li>Early adoption: Allowed<\/li><li>Applies to most UK entities using FRS 102<br \/><br \/><\/li><\/ul><p>Companies are encouraged to start preparing early, as the changes may require updates to their systems and adjustments to the way they work.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7851862 elementor-widget elementor-widget-heading\" data-id=\"7851862\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Accounting and Auditing Update: Compliance Requirements<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bd52a0 elementor-widget elementor-widget-text-editor\" data-id=\"6bd52a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Along with the technical changes, there is also a wider update to accounting and auditing rules that focuses on better compliance and stronger business governance.<\/p><p>Key developments include:<\/p><ul><li>Increased regulatory scrutiny<\/li><li>More detailed audit trails<\/li><li>Stronger reporting obligations<br \/><br \/><\/li><\/ul><p>Under UK law, all companies must\u00a0<a href=\"https:\/\/www.gov.uk\/government\/publications\/life-of-a-company-annual-requirements\/life-of-a-company-part-1-accounts\" target=\"blank\" rel=\"nofollow\">file annual accounts<\/a>\u00a0with Companies House in line with the Companies Act 2006. Failure to comply can lead to penalties or even the company&#8217;s removal from the register.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0d0a4a6 elementor-widget elementor-widget-heading\" data-id=\"0d0a4a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Companies House and Digital Reporting Changes<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97ea4ed elementor-widget elementor-widget-text-editor\" data-id=\"97ea4ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The UK is moving towards a more digital way of financial reporting.<\/p><ul><li>Filing annual accounts is still a legal requirement for businesses.<\/li><li>Digital systems are being encouraged to improve accuracy and save time.<\/li><li>Future changes are likely to focus more on transparency and fraud prevention.<br \/><br \/><\/li><\/ul><p>Businesses should make sure their reporting systems are ready to meet these changing requirements. To understand how these changes affect your reporting obligations, read our detailed guide on\u00a0<a href=\"https:\/\/befreeltd.com\/uk\/resources\/blogs\/hmrc-making-tax-digital-guide\/\">HMRC Making Tax Digital<\/a>\u00a0requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cf3fce elementor-widget elementor-widget-heading\" data-id=\"4cf3fce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Software-Specific Accounting Updates<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b911c03 elementor-widget elementor-widget-text-editor\" data-id=\"b911c03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Modern accounting software plays a key role in adapting to new standards.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8aa695 elementor-widget elementor-widget-heading\" data-id=\"d8aa695\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sage 50 Accounting Update<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63e3022 elementor-widget elementor-widget-text-editor\" data-id=\"63e3022\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Supports updated financial reporting formats<\/li><li>Helps automate compliance with\u00a0<a href=\"https:\/\/www.frc.org.uk\/library\/standards-codes-policy\/accounting-and-reporting\/uk-accounting-standards\/frs-102\/\" target=\"blank\" rel=\"nofollow\">FRS 102 changes<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d36c5ed elementor-widget elementor-widget-heading\" data-id=\"d36c5ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Sage Accounting Updates<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6ec399 elementor-widget elementor-widget-text-editor\" data-id=\"d6ec399\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Cloud-based tools are improving efficiency<\/li><li>Better integration with reporting and compliance systems<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f2a6b8 elementor-widget elementor-widget-heading\" data-id=\"1f2a6b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Xero Status Updates<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cda085d elementor-widget elementor-widget-text-editor\" data-id=\"cda085d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Real-time financial insights<\/li><li>Improved reporting capabilities aligned with regulatory needs<br \/><br \/><\/li><\/ul><p>Using updated software ensures smoother implementation of these accounting updates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82a3c00 elementor-widget elementor-widget-heading\" data-id=\"82a3c00\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How the Accounting Standard Update Impacts Your Business <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c64bc03 elementor-widget elementor-widget-text-editor\" data-id=\"c64bc03\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The 2026 changes will affect businesses in several ways:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2237dd elementor-widget elementor-widget-heading\" data-id=\"a2237dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Financial Reporting<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2dced85 elementor-widget elementor-widget-text-editor\" data-id=\"2dced85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>More detailed and transparent reporting<\/li><li>Changes in revenue timing and lease recognition<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a604376 elementor-widget elementor-widget-heading\" data-id=\"a604376\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Systems and Processes<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-524f3db elementor-widget elementor-widget-text-editor\" data-id=\"524f3db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Need for updated accounting systems<\/li><li>Increased data collection and analysis<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e78d1d6 elementor-widget elementor-widget-heading\" data-id=\"e78d1d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Business Strategy<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6aa938a elementor-widget elementor-widget-text-editor\" data-id=\"6aa938a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Impact on financial metrics and KPIs<\/li><li>Potential changes in contracts and leasing decisions<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb185e4 elementor-widget elementor-widget-heading\" data-id=\"eb185e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Resource Requirements<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-399d0a2 elementor-widget elementor-widget-text-editor\" data-id=\"399d0a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>Additional training for finance teams<\/li><li>Greater reliance on expert guidance<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7644dd elementor-widget elementor-widget-heading\" data-id=\"f7644dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Prepare for the Accounting Standard Update<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a19100c elementor-widget elementor-widget-text-editor\" data-id=\"a19100c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Preparing early can reduce disruption. Here\u2019s a practical checklist to get started:\u00a0<\/p><ul><li>Review existing contracts (revenue and leases)<\/li><li>Conduct an impact assessment<\/li><li>Upgrade accounting systems<\/li><li>Train finance teams<\/li><li>Align internal processes with new standards<br \/><br \/><\/li><\/ul><p>Planning helps ensure compliance and minimises risks during transition.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a568e3d elementor-widget elementor-widget-heading\" data-id=\"a568e3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Final Thoughts\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4155413 elementor-widget elementor-widget-text-editor\" data-id=\"4155413\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The 2026 accounting standard update is a major change for how UK businesses report their finances. While the changes introduce additional complexity, they also create an opportunity to strengthen financial reporting, improve transparency, and align with global standards.<\/p><p>The most effective approach is to begin preparing early. Businesses that plan now are likely to find the change much easier and smoother to handle.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd15b36 elementor-widget elementor-widget-heading\" data-id=\"cd15b36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Need Support with Accounting Updates?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cff59a3 elementor-widget elementor-widget-text-editor\" data-id=\"cff59a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If you are unsure how these changes will affect your business reporting, getting expert support can make things much easier. A clear step-by-step approach, from reviewing the impact to implementing the changes, can help you stay compliant and keep your business running smoothly.<\/p><p><a href=\"https:\/\/befreeltd.com\/uk\/contact-us\/\">Speak with our team<\/a>\u00a0to assess the impact on your reporting and build a structured transition plan.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-640c9a8 e-con-full e-flex e-con e-child\" data-id=\"640c9a8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-50ed099 e-con-full e-flex e-con e-child\" data-id=\"50ed099\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-68c8950 elementor-widget elementor-widget-heading\" data-id=\"68c8950\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efc89bb elementor-widget elementor-widget-n-accordion\" data-id=\"efc89bb\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:300,&quot;sizes&quot;:[]},&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2510\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-2510\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is the latest accounting standard update in the UK? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2510\" class=\"elementor-element elementor-element-ec07ecb e-con-full e-flex e-con e-child\" data-id=\"ec07ecb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-51aaaea elementor-widget elementor-widget-text-editor\" data-id=\"51aaaea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The latest update focuses on amendments to FRS 102, effective from January 2026. These changes impact revenue recognition, lease accounting, and financial disclosures.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2511\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2511\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> When do the new accounting updates come into effect? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2511\" class=\"elementor-element elementor-element-2565866 e-con-full e-flex e-con e-child\" data-id=\"2565866\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e80600 elementor-widget elementor-widget-text-editor\" data-id=\"5e80600\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Most changes apply to accounting periods beginning on or after 1 January 2026. Early adoption is permitted for businesses ready to implement them sooner.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2512\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2512\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How do lease accounting changes affect businesses? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2512\" class=\"elementor-element elementor-element-8e87482 e-con-full e-flex e-con e-child\" data-id=\"8e87482\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-061bb43 elementor-widget elementor-widget-text-editor\" data-id=\"061bb43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Lease accounting changes require most leases to be recorded on the balance sheet. This increases transparency but may impact financial ratios and reporting complexity.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2513\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2513\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Do small businesses need to follow these updates? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2513\" class=\"elementor-element elementor-element-8088d64 e-con-full e-flex e-con e-child\" data-id=\"8088d64\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-74a8287 elementor-widget elementor-widget-text-editor\" data-id=\"74a8287\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Yes, small businesses applying FRS 102 must comply with the updated rules. However, simplified disclosure requirements may apply in some cases.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-2514\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-2514\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is included in Sage 50 accounting updates? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-2514\" class=\"elementor-element elementor-element-58e644d e-con-full e-flex e-con e-child\" data-id=\"58e644d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b27ab7 elementor-widget elementor-widget-text-editor\" data-id=\"5b27ab7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Sage 50 updates help businesses comply with new reporting standards and automate financial processes. They also improve accuracy and efficiency in reporting.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the latest accounting standard update in the UK?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The latest update focuses on amendments to FRS 102, effective from January 2026. These changes impact revenue recognition, lease accounting, and financial disclosures.\"}},{\"@type\":\"Question\",\"name\":\"When do the new accounting updates come into effect?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Most changes apply to accounting periods beginning on or after 1 January 2026. Early adoption is permitted for businesses ready to implement them sooner.\"}},{\"@type\":\"Question\",\"name\":\"How do lease accounting changes affect businesses?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lease accounting changes require most leases to be recorded on the balance sheet. This increases transparency but may impact financial ratios and reporting complexity.\"}},{\"@type\":\"Question\",\"name\":\"Do small businesses need to follow these updates?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, small businesses applying FRS 102 must comply with the updated rules. However, simplified disclosure requirements may apply in some cases.\"}},{\"@type\":\"Question\",\"name\":\"What is included in Sage 50 accounting updates?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Sage 50 updates help businesses comply with new reporting standards and automate financial processes. They also improve accuracy and efficiency in reporting.\"}}]}<\/script>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The UK accounting landscape is undergoing significant change. From January 2026, new financial reporting rules will come into effect. These changes will affect how businesses record income, manage lease accounts, and prepare financial statements. The updates come from the Financial Reporting Council (FRC) as part of its latest review of UK GAAP. The goal is [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":17506,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Accounting Standard Update 2026: What Businesses Must Know<\/title>\n<meta name=\"description\" content=\"Explore the latest accounting updates in the UK, including lease accounting changes, compliance requirements, and financial reporting impacts for businesses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Accounting Standard Update 2026: What Businesses Must Know\" \/>\n<meta name=\"twitter:description\" content=\"Explore the latest accounting updates in the UK, including lease accounting changes, compliance requirements, and financial reporting impacts for businesses.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/befreeltd.com\/uk\/wp-content\/uploads\/Accounting-Standard-Update-UK-2026.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@infobefreeltd\" \/>\n<meta name=\"twitter:site\" content=\"@infobefreeltd\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Webmaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Accounting Standard Update 2026: What Businesses Must Know","description":"Explore the latest accounting updates in the UK, including lease accounting changes, compliance requirements, and financial reporting impacts for businesses.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"twitter_card":"summary_large_image","twitter_title":"Accounting Standard Update 2026: What Businesses Must Know","twitter_description":"Explore the latest accounting updates in the UK, including lease accounting changes, compliance requirements, and financial reporting impacts for businesses.","twitter_image":"https:\/\/befreeltd.com\/uk\/wp-content\/uploads\/Accounting-Standard-Update-UK-2026.jpg","twitter_creator":"@infobefreeltd","twitter_site":"@infobefreeltd","twitter_misc":{"Written by":"Webmaster","Estimated reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[]}},"_links":{"self":[{"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/posts\/17504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/comments?post=17504"}],"version-history":[{"count":9,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/posts\/17504\/revisions"}],"predecessor-version":[{"id":17517,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/posts\/17504\/revisions\/17517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/media\/17506"}],"wp:attachment":[{"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/media?parent=17504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/categories?post=17504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/befreeltd.com\/uk\/wp-json\/wp\/v2\/tags?post=17504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}