The proposed charity SORP: Considering revenue, leases, and other changes.

Download | Nikki Loan | 18th June 2025

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Watch our recent webinar “The proposed Charity SORP: Considering Revenue, Leases and other changes”.

This event provided valuable insights into the latest proposals included in the Statement of Recommended Practice for Charities (SORP 2026), with a particular focus on the proposals relating to accounting for revenue and leases. We recommend this recording for anyone interested in a charity’s finances, whether preparer, key management or trustee.

Key Topics:

  • Overview of the proposed revisions to income recognition and a recap of accounting for non-exchange transactions
  • Overview of the proposed revisions to leasee lease accounting following recent revisions to FRS 102
  • Practical implications preparing for transition.

Speakers:

 

If you would like to discuss how the topics raised in this webinar, please get in touch with our team.

Read the latest Charities and Non-profit newsletter to find out more about further changes that will impact the sector.

 

Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key issues rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.

Nikki Loan - Partner - Audits and Accounts - PEM

About the author

Nikki Loan

Nikki manages a mixed portfolio of charity and non-profit audited entities, and is an independent examiner

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