What we will cover 

This upcoming webinar will focus on how the new income recognition requirements will work in practice and what charities need to consider now to prepare for the 2026 reporting cycle. 

Led by Chris McKain, Partner at UHY Nottingham, the session will explore: 

  • Exchange vs non‑exchange income: How the SORP distinguishes between the two, and why correct classification matters.
  • The new five‑step revenue recognition model: What each step involves and how it applies to common charity income streams such as contracts, memberships, training and trading activity.
  • Grant income changes: Why the accrual model will no longer be permitted for government grants and how the performance model works.
  • Legacy income: How probability, valuation and disputes can affect when and how legacy income is recognised.
  • Key implications for charities: The potential impact on reported income, reserves and audit processes.
  • Getting ready for 2026: Practical steps to start mapping income streams early and reduce year‑end rework and audit challenges. 

Register now 

Join us for this short, practical webinar to understand how the new income recognition rules under SORP 2026 will affect your charity and what you should be doing now to prepare. 

Webinar details 

Next steps 

If you would like a clearer understanding of how the new income recognition rules may affect your charity, this session will provide practical, early guidance to help you prepare confidently for SORP 2026. 

If you would like tailored support reviewing your income streams or planning for the transition, our charity specialists are always happy to help.

Let's talk! Send an enquiry to your local UHY expert.

Get in touch