What’s coming in the new accounting standard

Two separate Statements of Recommended Practice are needed to govern charity accounts, according to recommendations published by the Charity Commission and the Office of the Scottish Charity Regulator this week (31st March). This follows analysis of the consultation on the draft SORP from the two bodies.

Civil Society Media reports further at http://www.civilsociety.co.uk/finance/news/content/17235/, the Commission news release has links through to consultation documents and responses.