Charities Accounts Workshop: Preparing Charities’ Sorp Accounts - Session 1 & 2

Quorum Training - A Wilmington Company
Course summary
6 hours
395 GBP excl. VAT
Online courses

Course description

Charities Accounts Workshop: Preparing Charities’ SORP Accounts – Session 1 & 2

UK Charities must prepare their Accounts in the format stipulated by law i.e. in Charities’ SORP format. The course covers the main requirements of the Charities’ SORP 2015 and it’s practical application, using a comprehensive case study to demonstrate the key financial reporting elements of the SORP.

Learning outcomes include obtaining a greater understanding of: the contents of the Charities’ SORP 2015; the presentation of the trustees’ annual report; the statement of financial activities; and analysis of support costs.

CPD Hours: 6

Suitability - Who should attend?

  • Those involved in the preparation of charity accounts 
  • Staff working in the finance areas, new to charity accounts 
  • Others who may be involved in providing information for, or using charity accounts

Training Course Content

Day 1

Session 1

  • Key Requirements and structure of the Financial Statement under Charities’ SORP 2015 
  • Disclosure Requirements relating to the Trustees Annual report
  • Preparing for year-end: adjustments and management information needs
  • Format of the Statement of Financial Activities
  • Balance sheet and Accounting policies
  • Audit issues relating to Charities ‘ SORP Accounts

Delegates will be given the Charities’ SORP case study to prepare for session two which will focus on preparing a set of  Charities SORP 2015 compliant accounts.

Day 2

Session 2

  • Preparation of a set of Charities’ SORP 2015 accounts using a detailed case study

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Quorum Training - A Wilmington Company

5th Floor, 10 Whitechapel High Street
E1 8QS London

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