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Diabetes UK reports income boost of 40 per cent following Tesco partnership

22 Sep 2014 | Emily Corfe

A partnership between Diabetes UK and Tesco has contributed to an upturn of almost 40 per cent in the charity’s finances, according to its latest accounts.

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Diabetes UK reports income boost of 40 per cent following Tesco partnership

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New accounting Sorps are finally published

The two new Statements of Recommended Practice (Sorps) that will apply to all charities that prepare accruals accounts for years beginning on or after 1 January 2015, have been published today.

Sorp 2015: Recognising income

Pesh Framjee considers the practical impact of changes to the Sorp, with a particular focus on the important area of income recognition.

Ray Jones

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: Setting the standards

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.

Tax avoidance may be legal, but it is still obnoxious. And the rest of us pay additional tax as a result. If I were asked whether the accountants and legal experts who set up these schemes are 'fit and proper persons', I know what my answer would be.

» Definition of charity for tax purposes 'attacks charities, not tax avoiders'

Sorp approved for publication, could be available next month

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.

Will the Sorp be strangled at birth?

Might the two-Sorp regime be over almost as soon as it has begun? Helena Wilkinson thinks it is quite likely.

A two-Sorp future explained

Richard Weaver considers the impact two Sorps could have on the sector.

Going global on financial reporting?

A new study has investigated the appetite for a global charity reporting standard, report Louise Crawford and Gareth Morgan.

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