ACCA Ireland is inviting you to our Charities SORP Update event which will be delivered by Gerry Fahy- PAT Business School, Jelena Griscenko- Charities Regulator, Emma Delaney- KSI Faulkner Orr and Laura Fallon- KSI Faulkner Orr. This online seminar will take place on Thursday 30th of March 2023.
Key topics to be covered
SORP (Statement of Recommended Practice) is a set of guidelines for Charity financial reporting. The purpose of SORP is to ensure the Charities’ sector provide clear, consistent, and transparent information about their financial activities to stakeholders, such as donors, beneficiaries, and regulators.
Charities are required to maintain accurate records and submit annual financial statements to the Charities Regulator to ensure they operate in a transparent and accountable manner and that they are using their resources effectively to achieve their charitable objectives.
The purpose of the webinar is to set out the standards that Charities must follow when preparing and presenting their financial reports. This will include the guidelines for accounting and financial reporting, including the information that should be included in financial statements, and how it should be presented.
Other topics being discussed will be the work of the Charities Regulator, some stats from last year and an overview of the proposed accounting and reporting regulations.
About the presenters
Jelena Griscenko joined the Compliance and Enforcement Unit of the Charities Regulator in 2017 as Head of Compliance Monitoring with responsibility for monitoring compliance with the Charities Governance Code.
PAT Business School was originally founded in conjunction with the Irish Times Group and Gerry (Fahy) has been its Managing Director since 2018. He has lectured for more than 25 years with all of the professional accountancy bodies and on two occasions he was shortlisted for the CIMA Global Accountancy lecturer of the year award.
He has over one hundred global prize winners including first, second and third placements in the world.
PAT Business School is one of the first ACCA Approved learning Partners to have secured Triple Platinum Approval Status – for Online, Blended and Face to Face Delivery representing the highest standard of ACCA Global teaching excellence.
Gerry will be joined by Ms Emma Delaney, Audit Partner of KSi Faulkner Orr, whose commercial clients include those in manufacturing, retail, hospitality, and the professional services sector. Additionally, Emma is regarded in particular as a leading practitioner in the charity and not for profit sectors.
Additionally, we will have on hand Ms Laura Fallon to deal with emerging online questions in tandem with Emma’s presentation to ensure the online momentum is maintained. A qualified accountant, Laura has worked with KSi Faulkner Orr for over 14 years where she was appointed Director in 2021 and has extensive experience auditing not for profit entities.