ABSTRACT
Summary financial information and statements are those derived from the full annual accounts of the charity and expressed in any form, for example extracts, graphs, tables, etc., which purport to be or represent the accounts of the charity. Such forms of the accounts, where produced by charities, have to be approved formally by the trustees and accompanied by a statement from the charity’s auditors that they are consistent and accurate by reference to the full detailed accounts. Many charities issue publicity material which contains accounts information, often highly abbreviated and partly in graphical or other pictorial form. Such information has to follow the rules laid out in the revised SORP (paras 292-297).
