Course Details

Charity assignments are susceptible to a higher-than-normal risk level due to several factors. One such factor is the requirement to ensure that their accounts are prepared in accordance with an applicable financial reporting framework. 


Applying the charity SORP is mandatory for charities in the UK above certain thresholds, which will be recapped in this session; we will cover some of the key considerations when applying SORP, looking at some common problem areas.


With both FRS 102 and the SORP undergoing review, we will also look at what lies ahead for charity accounting, and what changes we might see over the next few years.

The session includes:

  • A recap of when the SORP is required, under the charity law of each of the three UK nations;
  • Selecting an appropriate accounting framework
  • Key accounting issues for charities applying the SORP
  • The future of financial reporting for charities

CPD Course Speaker

Grant Thornton

Claire Thomson

Claire is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, and trained with Grant Thornton Ireland. She spent 5.5 years in corporate audit, before moving to the firm’s risk & compliance team, where she spent 6 years supporting the all-Ireland practice as their UK financial reporting subject matter expert.

After a year in OmniPro’s Practice Support team, where she delivered webinars, developed technical content and provided post-monitoring support to firms, she has now joined Grant Thornton Northern Ireland, where she is Head of UK Financial Reporting and Accounting Technical, providing UK technical advice and support to local and international offices.

OmniPro Practice Support

Lindsay Webber

As a member of our Practice Support team, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training, technical assistance, and file reviews.

Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.

Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through Chartered Accountants Ireland.