Charities SORP (FRS 102) – accounting and reporting by charities
Member price: £268 + VAT
Non-member price: £315 + VAT
London, 13 November 2019
What you will learn
For accounting periods starting after 1 January 2015 the UK’s accounting framework will undergo the biggest change for a generation, and the not for profit sector are not exempt from those changes, with new accounting standards and not one, but two new SORPs.
Successive versions of the Charities SORP have set out how a charity should report annually on resources entrusted to it and the activities it undertakes. The revised version of the SORP applicable from 2015 further hones charity reporting, but also reflects the new principles as UK GAAP further converges with its international counterpart.
This course provides an introduction to charity accounting and the principles of the existing and forthcoming Charities SORP.
Who should attend
This course will prove useful to those new to the charities sector or existing employees looking for an insight into the new regime. Auditors of charities would also benefit from attending.
Note: A similar course is available for those delegates based in Scotland.
Charity Financial Statements update