Housing SORP Working Party – two new members required

The Housing SORP Working Party is seeking a professional advisor from an external audit firm and a Welsh-based housing association finance director.

4 June 2019

The Housing SORP-making process

SORP-making bodies are recognised by the Financial Reporting Council (FRC) and have responsibility for developing and issuing sector-specific SORPs (Statements of Recommended Practice).

The Housing SORP Making Body (SMB) is responsible for developing and maintaining the Housing SORP to address issues in the UK accounting framework relevant to housing associations. 

The Housing SORP Working Party (SWP) advises the Housing SMB on UK accounting issues relating to housing associations and carrying out the work involved in developing and maintaining the Housing SORP.

Read more about the responsibilities of the Housing SWP, including the terms of reference.

What we are looking for

The Housing SORP Working Party currently consists of 17 voting members – 11 senior housing association finance staff and six professional advisors. The SWP is looking for a new representative from an external audit firm and a housing association finance director based in Wales.

The SWP Chair, a member of the SWP and Federation staff will take part in the selection procedure and ensure a consistent and transparent process, with the SMB approving the final selection.

The FRC’s Policy and Code of Practice on SORPs requires that participants in the SORP-making process are fully representative of the housing sector – they should include independent members representing the wider public interest, and where possible, users of financial statements. 

The SWP membership is assembled in a way that ensures the group:

  • possesses an understanding of the housing association business model across the UK and the Republic of Ireland
  • has sufficient technical accounting expertise
  • includes principal users of housing association financial statements.

How to apply

To apply, please submit a CV and a covering letter. Applications will be considered by the selection panel and there will be no interview process.

Deadline for applications

The deadline is close of business on Wednesday 31 July 2019. We'll notify all candidates of the outcome by the week ending Friday 23 August 2019.

Please note that the first SWP meeting after completion of this recruitment process will take place on Tuesday 1 October 2019.

For an informal chat about the SWP and its work, please contact John Butler.