Webinar Recording | Preparing for change: The new charity SORP and FRS 102 explained

With significant updates to Financial Reporting Standard (FRS)102 and the introduction of a new Charity Statement of Recommended Practice (SORP), 2026 is set to be a pivotal year for not for profit organisations. To help trustees, finance leaders and charity executives navigate these changes with confidence, our specialist presenters will discuss the key implications and what they mean for your organisation.

In this session, we cover:

• The benefits of the new three tier structure for the Trustees’ Annual Report
• Updated audit threshold size limits and what they mean for reporting requirements
• The new treatment for leases and what impact this will have on financial statements
• Major considerations from the new five step revenue assessment, with some charity specific examples
• What NFPs should be doing now to prepare for smooth adoption