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Getting to grips with FRS102 and the new housing SORP: how should housing associations prepare?

Posted on: 4 November 2014
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Filed under: News

This short video, the first in a series, explores the implications of the new Statement of Recommended Practice (SORP) for housing associations. We consider what some of the changes are, when they will affect you, and what action you need to be taking now to prepare. The introduction of the new SORP will represent a fundamental change in accounting from the previous SORP.  There are significant resource implications for registered providers in terms of the time input required to assess the impact of this change.

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