What are Activities in the Charity SORP?
The Charity’s activities are the means of achieving its charitable [...]
What are the different types of funds in the Charity SORP?
There are essentially two classes of fund: Unrestricted and Restricted. [...]
Why don’t charities have profits?
Charities are not businesses and therefore create surpluses or deficits [...]
What is the SoFA in the Charity SORP?
The Statement of Financial Activities is the charitable equivalent of [...]
What is three-dimensional accounting?
Three-dimensional accounting simplifies the implementation of the Charity SORP. On [...]
How can I make the Charity SORP easier to implement?
The SORP is extremely difficult to implement properly unless you [...]
How can I make the Charity SORP easier to implement?
The SORP is extremely difficult to implement properly unless you [...]
Why is the Charity SORP so difficult to understand?
The SORP was created by some very clever and very [...]
What are the objectives of the Charity SORP?
The aim of the Financial Reporting Council is "to promote [...]
