Charities Statement of Recommended Practice

The Charities Statement of Recommended Practice (SORP) provides guidelines for how charities should record, report, and communicate their financial activities and fundraising efforts. It ensures transparency, accountability, and consistency in financial management, making it easier for donors, regulators, and the public to understand a charity’s financial health and operations. Essentially, it’s a set of best practices helping charities accurately present their financial position and use of resources.