The body responsible for developing the Statement of Recommended Practice (SORP) for charitable organizations has published new supplementary guidance focused on lease accounting issues. The document is intended for charitable organizations that prepare financial statements using the accruals method. The guidance clarifies requirements for reflecting lease transactions in accounting records taking into account the latest changes made to the new edition of SORP. The publication aims to help accountants and financial specialists in the nonprofit sector correctly apply updated standards when preparing reports. Changes in lease accounting are part of a broader update to SORP standards, which determine the procedures for preparing financial reports by charitable organizations. The development of such methodological materials is aimed at ensuring uniformity and transparency of financial reporting in the nonprofit sector, as well as reducing the risk of errors when transitioning to new accounting requirements. This guidance will be a useful tool for charitable organizations of various sizes that need to adapt their accounting processes in accordance with the updated standards.