New SORP - Income Recognition

Thursday 13 November 2025

Online event

The new SORP applies to all accounting periods ending on or after 1 January 2026

CFG will host a series of free online events to keep you up to speed with all the changes. This session is on income recognition. There is also a repeat SORP income recognition event hosted on Tuesday 18 November.

Why should I attend?

The updated Charities SORP provides a clearer distinction between exchange and non-exchange income, revising the recognition criteria and offering enhanced guidance—particularly in relation to legacies.

For exchange income, charities are now directed to apply the revised FRS 102 five-step revenue recognition model.

The session will conclude with approximately 25 minutes for Q&A.

 

When and where?

  • Online via Zoom
  • 10:30 – 12:00
  • Thursday 13th November 

 

How do I book?

Book below. You'll receive updated event information approximately one week prior to the event date.

 

Who should attend?

This event would be valuable for finance directors, finance managers, CEOs, Trustees and accountants.

 

About CFG events and membership

Becoming a CFG member gives you access to exclusive benefits including event discounts, so find out more about CFG Membership before you book. Association of Independent Museums members can register for free CFG membership through our partnership.

CFG events, training and members' meetings can count towards your continuous professional development (CPD), and this event could provide you with one hour of CPD. For more details contact your association or email events@cfg.org.uk.

 
Speakers

Pesh Framjee, Special Advisor, CFG

Prices
Charities - Members£0.00
Charities - Non-members£0.00
Individual - Members£0.00