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Now that charities have had the opportunity to work with the new SORP, the SORP making body and SORP Committee are seeking feedback, both on the structure of the SORP and its content.

The aim is to produce an exposure draft SORP in 2018, shortly after the planned triennial review of FRS 102, with the revised SORP taking effect from 2019. Although 2019 may feel like a long way off, ensure you have your say in the future of the SORP and how your accounts will be presented.

The consultation is available here, and is open until the 11th December 2016

Click here to read the full Autumn 2016 Charity Newsletter.