The New Charities SORPs – getting ready
3rd December 2014
The Charity Commission and the Office of the Scottish Charity Regulator (OSCR) have published two new Charities SORPs (Statements of Recommended Practice), known as FRS 102 SORP and FRSSE SORP. They will apply to all charities that prepare their accounts on an accruals basis, and will be applicable to financial years beginning on or after January 2015.