Significant changes to charity reporting are coming in 2026, and it’s crucial for charities to start preparing now for the upcoming revisions to FRS 102 (the Financial Reporting Standard applicable in the UK and Ireland).
Categories:
- Charities
RSM’s Kelly Adams takes you through the key changes to charity reporting brought about by the Financial Reporting Council’s Periodic Review of FRS 102. Kelly’s presentation is packed with practical tips to help charities navigate and prepare for these changes.
OSCR’s Laura Anderson shares an update on the Charities SORP Development Process and offers insights into the expected content of the next edition of the Charities SORP. Laura focuses on changes stemming from the SORP Development Process, rather than those from the Periodic Review of FRS 102. She also covers new trustees’ annual report requirements, a revised approach to tiered reporting for different sizes of charity and strengthened reporting about charity reserves.
Key themes and topics
- The 2025 update of Charities SORP
- The Charities SORP Development Process
- Periodic Review amendments to FRS 102
- The single lease accounting model
- The new five step model for accounting for revenue from contracts with customers
Speakers
- Keith Macpherson CA (Event Chair), Partner, Henderson Loggie
- Laura Anderson CA, Senior Manager Higher Risk Cases and Quality Assurance, OSCR
- Kelly Adams CA, Partner RSM
CPD
Depending upon your individual role and training and development needs, watching this webinar can count towards your annual Continuing Professional Development (CPD) requirement.