UHY Ross Brooke Chartered Accountants

Day: November 24, 2025

charity regulations - audits and accounts

Understanding related party transactions in charities

Related party transactions remain a key governance and reporting risk for charities, requiring trustees to identify, assess and disclose connections transparently. The latest SORP adds a new requirement to include commitments with related parties at the reporting date. By Caroline Webster What is a related party transaction? SORP definition: Related

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