12 Feb 2015
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.
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.
I hope this is an example that other medical charities will follow as it is very difficult to explain to the public why there are so many charities for certain causes.
Might the two-Sorp regime be over almost as soon as it has begun? Helena Wilkinson thinks it is quite likely.
A new study has investigated the appetite for a global charity reporting standard, report Louise Crawford and Gareth Morgan.
Two separate Statements of Recommended Practice are needed to govern charity accounts, according to a consultation analysis published today by the Charity Commission and the Office of the Scottish Charity Regulator.