
Guidance for Climate Change Risk.
Following initial stakeholder consultation, the Central Bank of Ireland published its paper “Guidance for (Re)insurance undertakings on Climate Change Risk.”
Charities SORP is the Statement of Recommended Practice which provides guidance on how charities should prepare and present their financial statements in accordance with FRS102. It is issued by the Charity Commission for England and Wales, the Charity Commission for Northern Ireland and the Office of the Scottish Charity Regulator in their role as the joint SORP-making body, as recognised by the Financial Reporting Council. While it is not currently mandatory outside of the UK, it is widely accepted to be best practice for the charity sector and, as such, many Irish charities have chosen to adopt Charities SORP. The key principles underpinning Charities SORP are transparency and accountability.
The Mazars charity team has an in-depth working knowledge of Charities SORP and many years of experience in supporting our charity clients with both first-time adoption and with ongoing interpretation of Charities SORP. Below are some examples of how we can support you:
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