SORP LLPs

Statement of Recommended Practice Accounting by Limited Liability Partnerships

CCAB has been designated the SORP making body on accounting by Limited Liability Partnerships (LLPs) and undertakes an annual review under the auspices of the Financial Reporting Council (FRC).

The underlying purpose of the SORP is to deal with issues that are specific to LLPs and ensure that, as far as possible, LLPs present financial statements that are comparable with those of other entities

Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP)

CCAB issues revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP)

Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP) – Press Release

CCAB issues revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP)

Responses to CCAB’s Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships 2022

CCAB published an updated draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) for comment on 5 July 2021. The SORP applies […]

Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnership 2022

CCAB has published an updated draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) for comment by 24 September 2021.

Statement of Recommended Practice Accounting by Limited Liability Partnerships 2019

Effective for periods commencing on or after 1 January 2019. CCAB has published a new edition of the SORP on Accounting by Limited Liability Partnerships (LLPs) […]

Responses to CCAB’s Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships 2019

CCAB published an updated draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) for comment on 2 August 2018. The SORP applies […]

Consultation: Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships 2019

CCAB has published an updated draft Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships (LLPs) for comment by 17 October 2018. The SORP […]

Statement of Recommended Practice Accounting LLP SORPs

Effective for periods commencing on or after 1 January 2016. Early adoption is permitted for accounting periods beginning on or after 1 January 2015 provided that The Limited Liability Partnerships […]

CCAB completes annual review of LLPs SORP

In keeping with the FRC’s Policy and Code of Practice on SORPs, the CCAB has recently completed its annual review of the Limited Liability Partnerships SORP.

Statement of Recommended Practice Accounting LLP SORPs

Effective for periods commencing on or after 1 January 2015 and for any earlier periods in which a Limited Liability Partnership (LLP) chooses to adopt FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland […]