Accounting for Grenfell-related costs – key considerations

Accounting considerations arising from costs related to the Grenfell tragedy.

This paper provides housing associations with relevant guidance on accounting considerations arising from costs related to the Grenfell tragedy that occurred last year. It has been prepared following discussions between sector auditors and housing association finance directors at relevant meetings of both the SORP Working Party and the ICAEW Social Housing Committee.

Housing associations' individual circumstances and views on accounting treatment should be discussed with their own auditors.