SORP Committee Latest

The Commission and OSCR are authorised by the ASB as the SORP-making body and as such take the responsibility for organising the SORP review, drafting any revision and undertaking the consultation process. In making recommendations, the Commission and OSCR are expected to act on the recommendations of an expert committee - The SORP committee. The recommendations of the SORP committee are then tested through extensive consultation before recommendations are finalised and published.

To find out who is on the Committee, view the list of members.

The drivers for the development of the SORP are changes in UK Generally Accepted Accounting Practice and changes to charity and company law. The SORP Committee will need to consider how developments in accounting standards, reporting practice and the law will impact on the development of the SORP and recommend any changes required. Any changes to the SORP are released for consultation in accordance with ASB requirements.

To find out about the latest developments considered, view the agenda, minutes and Committee papers on the 'SORP Committee Meetings and Papers' page.

At the SORP Committee's November 2007 meeting the Committee agreed to begin a research programme seeking the views of funders and financial supporters, and other stakeholders, as to how charity reporting and accounting could better meet stakeholders' needs. An initial Stakeholder Forum event was held on 25 April with a series of stakeholder roundtables to be held from the autumn, finishing in the Spring of 2009. For more information on the Forum and the stakeholder roundtables view the SORP research programme page.