The Charities SORP (Statement of Recommended Practice) provides guidance on financial reporting that supplement official accounting standards. The SORP provides recommendations and requirements setting out how to prepare ‘true and fair’ accounts in accordance with UK accounting standards. The SORP is updated from time to time to take account of changes to accounting standards and/or charity law.
This session will focus on the key principles of SORP and the elements that may pose the biggest difficulties for charities.
The webinar will last for approximately 1 hour (09.30am – 10.30am) and will include a presentation as well as an opportunity for you to have your questions answered.