The next Finance Network Meeting will take place on September 22nd from 11:00 – 12:30 and the primary topic will be “SORP – what are the current requirements which all charities should be meeting?“. The meeting will also include a reminder of the recent changes to the Going Concern assessment (ISA 570) and also a short explanation of the main differences between Charity accounting and ‘For Profit’ accounting as practised in the commercial world. Read on to find out more and please save the date in your diaries – registration details will be published nearer the time.
Some of you may remember that Richard Bowen, from Crowe, presented on this subject at a Finance Network meeting back in July 2019, when he covered Accounts preparation and Trustees’ annual reports preparation (That was when we were meeting in London, in a face-to-face setting which seems a lifetime ago now!). We received very positive feedback following Richard’s presentation and given the much-changed environment in which we must now report, felt that an update, to take in a reminder about changes to the Going Concern assessment, would be helpful. We also recognise that there have been quite a few new CEOs, Finance Directors and Managers, and Trustees, joining local Age UKs in the intervening period.
The session, which will again be open to all relevant management and staff in Local Age UKs, and trustees, will be presented by Naziar Hashemi, Partner, National Head of Social Purpose & Non Profit Organisations, Crowe LLP.
Please reserve the date and time in your diaries – 11:00 until 12:30 on Wednesday, 22nd September. Registration details will be published nearer the time.