Understanding the charity SORP accounting standard

The July newsletter from charity accountants Sayer Vincent mentions that they have produced a new and updated version of their ‘SORP Made Simple’ guide, to reflect changes in the 2015 version of the charity accounting standard.

The guide is designed for people who may be new to the charity sector or otherwise need to understand charity accounts. Go to the relevant newsletter web page and click on the download link (pdf, 177KB).

There’s also a brief explanation of this year’s choices for “small” charities – those with an annual income of less than £6.5 million.