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Charities SORP research – Smaller charities

Author: Brawdata Limited

Published: 26 May 2021

This article contains a survey for Independent Examiners and small charities.

For Independent Examiners

Power to Change, the Charities Aid Foundation and the Lloyds Bank Foundation have commissioned research to understand how small charities experience accounting regulation and guidance. We want to understand your experience of advising small charities on their accounts and/or preparing and independently examining their annual accounts. We also want to understand how the rules and guidance might be improved to better serve small charities.

We are asking you to complete this short survey, which should take no more than 15 minutes.

Whilst there have been a number of surveys about the Charities SORP, this survey has a very specific focus:

  • it is specifically looking at the use of the Charities SORP by smaller charities (those up to £500K income);
  • it specifically asks about alternative of receipts and payments accounts where allowed; and
  • it focuses on the specific challenges that the SORP framework and regulations present for smaller charities and how this might be improved going forward.

The findings of this research - which also includes a survey of small charities themselves and some focus group discussions - will feed directly into the current SORP Engagement Process. The results will directly influence the next Charities SORP, now expected to take effect from 1 Jan 2024.

For small charities

Power to Change, the Charities Aid Foundation and the Lloyds Bank Foundation have commissioned research to understand how small charities experience accounting regulation and guidance. We want to understand your charity’s experience of preparing annual accounts, and how the rules and guidance might be improved to better serve small charities (up to £500,000 income).

We are asking you to complete this short survey, which should take no more than 20 minutes.

This survey should be completed by the individual (staff or volunteer) from within your charity who is most involved in gathering the information that goes into your year-end accounts (even if the detailed work is done by an external accountant).

The findings of this research - which also includes a survey of independent examiners/accountants and some focus group discussions - will feed directly into the current SORP Engagement Process. The results will directly influence the next Charities SORP, now expected to take effect from 1 Jan 2024.

Thank you.

*The views expressed are the author’s and not ICAEW