simon-bostrom - SORP
Application guidance for charity accounting
About WYCAS (West Yorkshire Community Accounting Service)
WYCAS prepares statutory accounts, and provides training and advice services, for around 600 organisations in the voluntary and community sector in West Yorkshire. We are a registered charity with over 20 years of experience helping small charities manage their finances effectively. Working alongside infrastructure partners across the region we help to ensure the sector has the best possible levels of support and advice. Through the Charity Finance Group’s Special Interest Group, we link with other Community Accountancy services across the UK to share best practice. www.wycas.org.uk @_WYCAS_
About Simon Bostrom
Simon is a senior accountant at WYCAS, and is a Fellow of ACIE (Association of Charity Independent Examiners). He has a degree in Accountancy and Law and over 20 years of experience in working with charities and is a fellow of ACIE. His main motivations in this field are:
- Improving the accessibility of charity accounts for the reader.
- Helping finance workers and lay people learn to maintain good accounting records and produce useful and meaningful reports to enable their boards to manage their finances on a day to day basis and understand their financial position, in particular their fund accounting and reserves.
- Helping staff and trustees of charities to understand how certain aspects of the SORP apply to their statutory accounts and why.