Details
Join us for an essential session designed for Further Education colleges and Higher Education institutions preparing for the implementation of the new Further & Higher Education Statement of Recommended Practice (SORP) 2026, applicable for accounting periods commencing 1 January 2026.
This one-hour webinar provides a clear, practical walkthrough of revenue recognition under the new SORP requirements, helping you transition confidently from SORP 2019.
What You’ll Learn:
- Applying the new five-step revenue model
- Identifying contracts, grant agreements, research and government funding
- Understanding performance obligations and transaction prices
- Accounting for bursaries, fee discounts, and consideration payable to students
- Key differences from the 2019 SORP
- Transition steps and practical examples
Who Should Attend:
- College & University finance leaders
- Governing body members with financial oversight responsibilities
- Financial controllers and anyone involved in SORP-compliant reporting
By attending this webinar, you will gain a clear understanding of the new SORP 2026 revenue requirements and learn practical steps to implement and transition from the current standards. The session will equip you with actionable insights and real-world examples tailored specifically for Further and Higher Education institutions, ensuring you are prepared for a smooth and confident move to the updated framework.