New Forest

14/01/2019

Update Bulletin 2, Charities SORP (FRS 102) published

The bulletin is a summary of the changes to the Charities SORP following the triennial review of FRS 102. These changes apply to all reporting periods beginning on or after 1 January 2019 and early adoption is permitted providing all the provisions of the bulletin are applied. The bulletin splits these amendments into three categories;

  • Clarifying amendments, which ensure the Charities SORP is consistent with existing requirements under FRS 102
  • Significant amendments to the SORP which are considered to have a major impact and/or to be relevant to a large number of charities
  • Other amendments, which are considered to be mainly editorial in nature or to be of relevance to a small number of charities

Bulletin 2 for the Charities SORP (FRS 102) was published on 5 October and can be found on the Charities SORP microsite here.

Latest Tweets

Make sure you've used your annual capital gains exemption before the end of the tax year http://ow.ly/YvbT50yWhuY

A record number of taxpayers submitted their tax returns by the 31 January deadline with 10.4m submitting them online http://ow.ly/xECZ50yWhqu

Let’s Talk

Why not arrange a FREE consultation and find out what we can do for your business.