Free webinar for charities to outline implications of new statement of recommended practice

After several months of consultation, the updated Charities Statement of Recommended Practice (SORP) is due to be published in the coming weeks.  The SORP provides guidance on how to apply the Financial Reporting Standard when preparing accounts, and making the required disclosures.

The final document has not yet been published, but it is widely thought that it will include significant changes to the accounting treatment of income and leases, as well as to Trustees’ disclosures.

The webinar, which takes place on Tuesday 18^th November at 4.30pm, will be presented by Rebecca Frost and Stef Smith of Lovewell Blake’s Charities team.  It will cover all the major revisions in the new guidance, bringing charity managers and trustees up to speed on the latest requirements.

“The whole charity sector has been waiting for this new SORP for a long time,” said Stef Smith.  “We have seen much speculation about what will be included, but in the next few weeks we will finally have clarity.

“Our November webinar will provide a comprehensive summary of the implications of the new document for charities.”

The webinar takes place on Tuesday 18^th November at 4.30pm, via Microsoft Teams.  Attendance is free; to book a place, visit here.