The Charity Commission and the Office of the Scottish Charity Regulator, as the joint SORP-making body for charities, have developed two SORPS, one to support the Financial Reporting Standard for Smaller Entities (FRSSE) and one to support the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Joint-SORP making body has published an Invitation To Comment seeking your views on how the Charities SORP can be improved with suggestions from both the SORP Committee and the charity regulators. To view the Invitation to Comment document and for information as to how to respond view the link. This consultation closes on 11 December 2016.
Tailor your chosen SORP to reflect your charity’s structure and activities
Find, save and print SORP modules or Update Bulletin 1 as individual PDF files
View, download or print a SORP as a single bookmarked PDF file
To see if a SORP applies to your charity, answer the following question:
Does your charity prepare accounts on an accrual basis?