SORP Exposure Draft: DSC Response

In November 2013 DSC responded to a consultation on Statements of Recommended Practice, generally referred to as SORPs, which provide recommendations for comprehensive accounting and reporting.

In our response we argued that the new ‘modular’ format of the SORP is on balance more accessible and an improvement, but there remains a need for clear guidance and explanation of the relevant parts beyond the Exposure Draft itself, particularly for small charities and trustees without accounting expertise or access to specialist advice.

Click the title page below to access our full response.