CFDG welcomes publication of SORP 2005

first_img  33 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis CFDG welcomes publication of SORP 2005 Tagged with: Finance AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 March 2005 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. The Charity Finance Directors’ Group has welcomed the publication of the Statement of Recommended Practice 2005.They were particularly pleased that the SORP has taken on board so many of the recommendations made in its publication “Inputs Matter”. New provisions such as the restructuring of the Statement of Financial Activities so there is a correlation between income streams and related activity costs, were put first put forward in the CFDG report.Shirley Scott , Chief Executive said: “The aim of the SORP and of the Inputs Matter Report is to improve the quality of reporting in the charity sector so that all those engaging with the charity, whether as Trustee, employee, funder or beneficiary, can fully understand what the charity does and how it acquires and uses the resources available to it. We believe that adhering to the new SORP will help charities to achieve that aim.”“Although we are disappointed that the requirements on heritage assets will not be changed, we welcome the fact that the consultation period gave the museums and gallery sector a chance to air their concerns about this issue and we hope that their comments will inform subsequent SORP reviews.”www.cfdg.org.uklast_img read more

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