Responses to CCAB’s Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships 2026

CCAB published for comment a draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) on 29 April 2025.

The SORP applies UK generally accepted accounting practice (GAAP) to LLPs incorporated in the UK and the Republic of Ireland. In accordance with the FRC’s Policy and Code of Practice, CCAB, as a SORP making body, is required to publish the responses that it receives.

The responses received are listed below.