SORP 2026: time to switch to Receipts & Payments accounts?

Siobhan Holmes FCA DChA, Partner, Azets
Siobhan is a Partner at Azets specialising exclusively in the charity and not-for-profit sector for over a decade. She works with a diverse portfolio, including grant-makers, benevolent funds, arts and culture organisations, membership bodies, independent schools, and academies. While her core focus is statutory audits and independent examinations, Siobhan is passionate about supporting clients beyond compliance-providing insight on complex financial and governance matters and keeping them informed of sector developments. An active member of Azets’ NFP group, she regularly delivers sector updates, webinars, and the Azets NFP newsletter. Siobhan holds a Diploma in Charity Accounting (2015) and was named in Accountancy Age’s 35 Under 35 in 2024 for her dedication to clients and the sector. Outside work, she has served as a trustee for a local care charity and now sits on the board of a hospice as Treasurer and Chair of Finance, reflecting her personal commitment to community impact.

John Howard, Partner, Azets
John qualified as a chartered accountant with Azets in 1994 and has more than 20 years’ experience in the profession. He became a Partner at the firm in 2004 and was made Head of Azets’ Not for Profit Group in 2005. As Head of the firm’s Not for Profit Group, John provides audit and advisory expertise to a large not for profit portfolio, including charities, independent schools, theatre and arts, social enterprises, public sector organisations and membership clubs. He is responsible for ensuring that our clients and staff remain abreast of key sector developments and receive top quality technical training and advice both in respect of their audit and accounting requirements but also proactive tax and VAT advice. In addition to his charity portfolio, John has strong commercial experience providing audit & assurance and advisory services to international businesses and is also a member of the Technology Group.

Chair: Kristina Kopic FCA DChA, Head of Charity and Voluntary Sector, ICAEW
Kristina is a Chartered Accountant who has worked in and for the Not-for-Profit sector for over 15 years. Kristina trained at charity specialists Sayer Vincent and subsequently worked in finance roles at the Royal College of Nursing, Imperial College London and the Sainsbury Family Charitable Trusts. Kristina holds charity-specific qualifications in accountancy, law and governance and a Master in Voluntary Sector Management from Bayes Business School. In her spare time, she is a member of WWT’s Finance, Audit and Risk Committee.