Exit Charity Finance SORP Survey Question Title * 1. Please enter details about yourself and your organisation: First name Last name Job title Charity Charity's annual income Email Question Title * 2. Is the Charities SORP fit for purpose? Yes No Question Title * 3. The four charity regulators across the UK and Ireland make up the SORP-making body, which is responsible for creating the Charities SORP. According to the terms of reference for SORPs issued by the FRC, the SORP-making body should be “representative of the sector” it is working for. Do you believe the regulators are the right bodies for the role? Yes No Unsure If you have any further comments on this please do so here: Question Title * 4. How easy is the Charities SORP to apply in practice? Very easy Fairly easy Neutral Quite difficult Very difficult Question Title * 5. What would you like to see added to the next version of the Charities SORP? A tailoring to charity size More guidance on narrative reporting issues like environmental reporting Include receipts and payments accounting FRS 102 sections so that we don’t have to refer to SORP and FRS 102 separately Sector specific guidance, eg academies and PCCs Example lay outs Other (please specify) Question Title * 6. Should the Charities SORP focus more on how a charity achieves charitable impact rather than on presenting financial information? It should focus more on charitable impact It should maintain the current balance Question Title * 7. Do you feel that complying with the Charities SORP is too time consuming? Yes No Question Title * 8. In total, how many days of work do you think goes into producing your charity’s annual report and accounts (adding together contributions by different staff members, volunteers or advisers)? 0-5 days 5-20 days 20-50 days 50-100 days 100+ days Question Title * 9. There are plans to develop an international accounting standard for not for profits (including charities). Are you in favour of this? Yes No Don’t know Question Title * 10. If you have any further comments on this, please make them here: Done >>
