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SORP FRS102 2015 (as modified in 2016) - Bundle

FRS102 SORP 2015 (as modified in 2016) - Charity Accounts - Sorpaid VT Templates

To use these products, users must have the 'VT Software' add on to Excel installed on their computer. Excel must be Excel 2003 or higher, but not in the 64 bit edition. Any Windows operating system from Windows XP or above will be suitable.

These templates are used to prepare a  FRS102 SORP 15 compliant set of accounts (in the modified form introduced by the February 2016 SORP Bulletin). They work in conjunction with VT Software, and require a good working knowledge of Excel and VT software.

The templates normally apply for accounting periods commencing on or after 1st January 2016. However, they can be adopted for earlier periods. commencing on or after January 1st 2015.

The FRSSE  SORP 2015 was withdrawn for accounting periods commencing AFTER 31st December 2015. and the modified FRS102 SORP 2015 MUST be used for such periods.

Early adoption should be very carefully thought through, however, particularly in England & Wales. The modified version changes the definition of small charities. In the unmodified version that applies for 2015, smaller charities are defined as those not subject to statutory audit. In the modified version, small charities are defined as those with gross income below £500,000. This means that a charity in England & Wales with income between £500,000 and £1m would be small under the unmodified version and large under the modifed version. Because this has implications for disclosure requirements, we would normally recommend that such charities use the FRSSE SORP 2015 for accounts commencing in 2015 and then migrate to the modified version of FRS102 for the accounts commencing in 2016. There are also some changes in the modified version relating to the mandatory accounting treatments that should be followed.

These templates should NOT be used for accounting periods commencing BEFORE 1st January 2015.

The products in this category are for unlimited use for an unlimited number of charities on ONE computer for one year from the date of purchase. The templates cannot be used after one year, unless a renewal licence fee is paid.

If you want to use the templates on more than one computer, then significant discounts are available for additional licences, and you should contact Sorpaid for details.

Video Help

The templates have extensive video files showing how they are installed and how they should be used. These can be viewed before purchase by clicking on the link Video Help

An unsolicited testimonial received on 5th January 2015 :- 

 

 I really do think that the template is brilliant and even essential for proper charity accounts preparation.

Products in this Category
FRS 102 SORP 2015 (2016 modification) E&W: £150.00
FRS 102 SORP 2015 (2016 modification) SCOT: £150.00
FRS 102 SORP 2015 (2016 modification) NI: £150.00
FRS 102 SORP 2015 (2016 modification) E&W Consolidated: £150.00
 
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