SORP Committee Meeting November 1 2006
The first meeting of the Committee, chaired by Andrew Hind, considered three papers concerning the SORP making process, the challenges and options for the review of the SORP and developments in the accounting for heritage assets.
The Committee, having considered a detailed paper identifying issues that had arisen in relation to the implementation of SORP 2005 (agenda paper 2), concluded that there were no major issues or developments that warranted a revision to the SORP at this stage. Our plan is therefore to close the 2006 review of the Charities SORP. The Committee has planned a full schedule of work and the next meeting is on January 18 2007.
The agenda, minutes and papers for the November meeting are available for public view:
- Agenda
- Agenda Paper 1 'The SORP-making process: A background paper'
- Agenda Paper 2 'SORP Committee Briefing: Steering the way forward - challenges and options'
- Agenda Paper 3 'Accounting for Heritage Assets: A background and proposals for a SORP Update Bulletin'
- The findings of a survey conducted by the Directory of Social Change
