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Home / Simons-Taxes /Business tax /Part B5A Charities and CASCs /Division B5.8 Charities /Regulation and administration of charities / B5.872 Charity accounting requirements—the SORP
Commentary

B5.872 Charity accounting requirements—the SORP

Business tax

A key element of the regulation of charities since the Charities Act 1993 has been increasing emphasis on the accountability of trustees and realistic reporting of the charity's affairs. How the duty of reporting is to be discharged is set down in the Statement of Recommended Practice (SORP) issued by the Charity Commission after consultation and taking account of the various regulatory

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