12 May 2026

11am – 12.30pm (1 hour presentation + 30 minutes live Q&A)

Online, Zoom

We are pleased to invite you to our upcoming one‑hour technical webinar designed for finance professionals preparing for the transition to the new Charity SORP.

Income recognition is undergoing significant change in the updated SORP, with a new and much more detailed framework distinguishing exchange and non‑exchange transactions. These definitions underpin when income should be recognised, whether performance obligations exist, and the basis on which charities assess entitlement, probability and measurement.

This deep‑dive session will focus on understanding and applying the new exchange/non‑exchange model, working through donations, grants, contracts and other common income streams. We will explore practical examples, highlight judgement areas and set out what finance teams need to prepare for transition.

Agenda

1. Income Recognition Under the New SORP: The Exchange / Non‑Exchange Model

Presented by Laura Masheder
A detailed explanation of the new framework:

• What constitutes an exchange transaction
• How to assess whether a performance obligation exist
• How non‑exchange income is recognised when conditions and restrictions apply

2. Donations and Grants

Presented by Laura Masheder
Applying the non‑exchange principles to:

• Government grants
• Trust and foundation funding
• Restricted and unrestricted donations
• Multi‑year or conditional grants

3. Contract Income

Presented by Neil Baldwin

A practical walkthrough of when contracts fall into exchange accounting, including:

• Service delivery agreements
• Performance-based contracts
• Grants with substantive delivery requirements
• Indicators of enforceability and binding obligations

4. Legacies and Other Complex Income Streams

Presented by Neil Baldwin
A review of how the new definitions affect legacy recognition, uncertain income and income that may contain both exchange and non‑exchange elements.

5. Transition Requirements

Presented by Laura Masheder

A clear overview of transitional adjustments, retrospective application, and what finance teams should begin assessing now, particularly for multi‑year grants and contract portfolios.

6. Live Q&A Session

Your opportunity to pose questions directly to our charity accounting specialists.

Who Should Attend?

• Finance managers and financial controllers
• Charity accountants
• Anyone responsible for implementing the new SORP
• Trustees or senior leaders with financial oversight responsibilities

Why Attend?

This session will help you:

• Apply the new exchange vs non‑exchange definitions with confidence
• Understand how income recognition timing will change under the new SORP
• Identify key judgement areas across donations, grants, contracts and legacies
• Prepare for transition adjustments, disclosures and system impacts
• Ensure your finance team is ready to implement the new requirements

To book

Click here to register your place. This webinar will be recorded for those who cannot attend, please register to receive a link to the recording after.