Financial Terms Glossary

FRS 17


A document outlining Accounting and Reporting standards to be followed by companies. This covers the requirement to report Capital Leases and Operating Leases in a manner that reflects the true nature of the contract and does not distort the financial position.


How can this possibly be made funny? See separate definition - and get serious. PS - It does stop clever companies hoodwinking people like you and me about how much capital they really do have invested in their businesses.

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
Find out how

We'd love to hear from you!

+44 (0)1256 338635
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK