13 Sep 2016
HMRC has published new Common Reporting Standard guidance, which assures charities that it will implement a “soft landing” approach, following pressure from sector bodies.
Sudhir Singh and Simon Erskine look at the implications of two new consultations on the accounting of charitable companies, and how these create further uncertainies over the new Sorps.
Pesh Framjee considers the practical impact of changes to the Sorp, with a particular focus on the important area of income recognition.
The process of recruiting charity trustees is “too opaque” and needs reform, the outgoing head of accountancy policy at the Charity Commission has said in an interview with Charity Finance magazine.
He was just so nice - an over used word, but I can only ever see Daniel with a smile on his face. Genuine, wickedly funny, intelligent, oozing with foresight and interest.
Ray Jones steps down as head of accountancy policy at the Charity Commission this summer. He tells David Ainsworth how financial reporting has changed since 1992.
The charities Statements of Recommended Practice have been approved for
publication by the Financial Reporting Council, the Charity Commission
and the Office of the Scottish Charity Regulator announced today.
Might the two-Sorp regime be over almost as soon as it has begun? Helena Wilkinson thinks it is quite likely.