CHARITY FINANCE GROUP CALLS FOR TWEAKS TO ACCOUNTING SORP

摘要

The Charity Finance Group (CFG) says its members have given their support to the new accounting framework - the statement of recommended practice (SORP) for the sector - but wants the guidance on performance reporting and remuneration policy to be re-assessed. Jane Tully, CFG head of policy and public affairs, said: 'We want charities to explain in simple and non-bureaucratic terms what they do, why they do it and what they have achieved, providing context to the accounts; the SORP should be an enabler for this. We think that the new easier to use format does mostly achieve this.'