Co-operative Accounting Statement of Recommended Practice (SORP)
CEARC is working with CoopsUK and an international committee of co-operative accounting practitioners and academics to develop a co-operative accounting statement of recommended practice (SORP). The ICA recently passed a motion to support this initiative. An International Co-operative SORP Committee, chaired by CEARC Executive Director, Daphne Rixon, has been formed to work on this project. Committee members include: Vivian Woodell, John Sandford, Russ Wasson, Fernando Polo Garrido, Maureen McCulloch, Daphne Rixon, Nickie Young and Elizabeth Hicks.