SORP Training for Finance Professionals - Online course on Wednesday 28 January

Online course: 14.00-17.00

About

This practical session is designed to equip finance professionals with the knowledge and skills required to produce reports and meet the new reporting requirements as set out in the new Statement of Recommended Practice (SORP). Participants will gain hands-on experience and insights into the latest SORP guidelines and their application in financial reporting.

Who should attend?

• Finance professionals responsible for financial reporting.
• Compliance officers and governance professionals.

Outcomes

By the end of the course, participants will be able to:

• Recap on the key principles and requirements of the SORP.
• Gain insights into the new trustees’ report requirements.
• Understand the key requirements for transition to the new SORP.
• Develop practical skills through hands-on exercises and case studies.

What will it cover?

• Recap on SORP

• • Overview of SORP and its importance in financial reporting.
  • Key changes and updates in the latest SORP guidelines.

• Reporting Requirements

• • Understanding the new reporting requirements.
  • Best practices for compliance and implementation.
  • Common challenges and how to address them.

• Practical Exercises

• • Hands-on exercises on revenue recognition and lease accounting.
  • Case studies to apply learning in real-world scenarios.

• Q&A Session

• • Open forum for participants to ask questions and discuss challenges.
  • Expert advice and solutions to common issues.

Book your space and access an exclusive 15% off on DSC publications

This course is brought to you by Crowe UK. See the trainers here:

Vivien Ma FCA, Director, Crowe U.K LLP

Vivien joined Crowe in 2023, bringing 20 years of experience in auditing charities and non-profits, including roles at BDO, Grant Thornton, and Sayer Vincent. She has a particular interest in arts and cultural organisations and educational institutions.

Vivien is an experienced trainer on charity accounting and governance issues, having delivered training courses at the Association of Charitable Foundations, the Directory of Social Change, The King’s Fund, and Women on Boards. She is a trustee of Solace Women’s Aid and has served on its Finance and Resources Committee since 2019.

Simon Hughes, Director, Crowe U.K. LLP

Simon is a Director in our social purpose and non-profit unit, with experience as a charity auditor, advisor, employee and volunteer. He joined the firm in 2018 from WaterAid, where he worked in two international finance roles. During his time with WaterAid, his work included training and induction of new finance staff globally, as well as second-line assurance activities and working with the external auditors. He also acted as interim Head of Finance in their Zambia country programme. He works on a mix of audit and advisory assignments, and across his career has worked with charities ranging from those just above the threshold for needing an Independent Examination to the top 10 UK charities by income. Simon holds the ICAEW Diploma in Charity Accounting, as well as having completed the MANGO (Now Humentum) training.