For all to see
John Howard demonstrates how a proactive approach to financial reporting can do wonders for a charity's profile...
When the current Charity SORP was published in March 2005, the foreword from the Charity Commission summarised what the new Statement was trying to achieve: ‘This revision creates a new focus for charity reporting, building on existing SORP principles and recommendations. It provides a framework that enables charities to explain what they aim to do, how they go about it and what they achieve. It does so in a way that pulls together narrative and financial reporting into a coherent package focused on activities undertaken.’[i]
Author: John Howard
John Howard is head of Wilkins Kennedy’s charity and not-for-profit group. He has over 15 years experience in providing audit and assurance services to a wide range of charity and not-for-profit clients. He currently advises national charities, independent schools, trade federations and membership bodies and is responsible for ensuring that clients and staff remain abreast of key sector developments and receive appropriate technical training. He is a member of the Charity & Voluntary Sector Group of ICAEW and the Charity Finance Directors’ Group (CFDG).
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