Co-operative Accounting and Reporting: Levelling the Playing Field
Despite their growing contribution to the UK economy, co-operatives continue to be underserved by existing accounting standards, which remain largely oriented toward investor-led models. Following on from previous discussions around the need for change, this session brings together researchers, practitioners, and policy influencers to share insights from recent work on co-operative accounting in practice. We will examine how current standards and reporting practices affect co-operative operations and consider what a more enabling accounting environment might look like. The session will also explore how these insights can inform future policy development—including the potential for a UK-specific Statement of Recommended Practice (SORP) for co-operatives.
