Statement Of Recommended Practice (SORP) Workshop

Guidance that sets out how UK charities must prepare transparent, consistent and compliant annual accounts and trustees’ reports.

The Statement of Recommended Practice (SORP) is the framework that explains how UK charities should prepare their annual accounts and trustees’ reports, translating accounting standards into sector‑specific rules so that financial information is consistent, transparent, and meaningful; it covers areas such as the structure of the trustees’ report, the Statement of Financial Activities, fund accounting, income recognition, governance disclosures, and reporting on public benefit, and is issued jointly by the UK charity regulators for charities that prepare accruals‑based accounts.