Charities preparing accrued accounts do so in line with 'Accounting & Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland' (FRS 102 SORP).
OSCR and the Charity Commission for England and Wales are authorised by the Accounting Standards Board (ASB) as the SORP-making body. This acts on the recommendations of an expert SORP Committee. You can view the list of members here.
To find out about the latest developments, visit the microsite at www.charitysorp.org. The microsite allows you to:
- view the SORP committee minutes and announcements
- customise and download copies of the SORP, update bulletins and information sheets and;
- view example accounts.