Charity accountants and auditors continue to face a major challenge keeping abreast of fast-changing accounting rules, notably the new SORP, which takes effect from accounting periods beginning on or after 1 January 2015. To make things even more tricky, there are two new SORPs to choose from for many charities, one of which (Charity SORP FRSSE) is being phased out in 2016.
White Horse Training is offering a special one-hour video briefing with Peter Herbert to help firms as they tackle these issues. The video will be available until 11th August 2016, and will allow you to get a one hour introduction to these issues from the comfort of your own desk, at a time to suit you.
This one-hour video briefing will consider the accounting options available, especially for smaller charities, and update you on the recently published Charity Commission ‘Update Bulletin One’ which maps out the future regime in the light of the withdrawal of Charity SORP FRSSE. We will also cover the ten trickiest rule changes for charities as they migrate to Charity SORP FRS 102 and how to manage these efficiently and effectively.
After viewing this video, you will:
- Understand the implications of the SORP Update Bulletin, issued in February 2016 and in particular what it means for smaller charities;
- Appreciate the key accounting issues arising from implementation of the new Charity SORP FRS 102 and how to address them; and
- Have a good handle on the key sensitive disclosure issues which the new SORP throws up and how to get these disclosures right.
Peter qualified as a Chartered Accountant with an international accountancy firm before working in industry. He has over 15 years of training experience. He writes and presents technical updates for managers and partners of national firms of accountants and qualified accountants of private and listed companies. Peter specialises in financial reporting, auditing and practice regulation.
Peter also has a small accounting practice. Much of Peter’s practice work involves carrying out audit file reviews and practice assurance reviews for firms of accountants. He also provides guidance on implementation of GAAP.
This video briefing is free of charge for members of White Horse Training.
Non-members can watch the webinar for £70 + VAT.
To book a place, please contact firstname.lastname@example.org or call 01225 460167.
Please note: You will require an internet connection to watch this video briefing.