PRAG Professional Supporter:
PRAG - Pensions Research Accountants Group
Search PRAG website for:  

What is PRAG?

Welcome to the PRAG website

PRAG is an independent research and discussion group for the development and exchange of ideas in the pensions field.    Our efforts are mainly on the areas of reporting and accounting by pension schemes, but we have produced reports on other related matters.  A substantial proportion of our work is in relation to the SORP, "Financial Reports of Pension Schemes" and associated guidance, particularly investment disclosures.

We are a non-profit making organisation.  Our membership is drawn from the auditing profession, specialist accountants working for third party administrators and for pension schemes and pensions specialists from other professions and disciplines.

Please do browse this site to find out more about PRAG and add comments to our consultations on current hot topics.

Shona Harvie




Our Data Protection Statement can be seen by clicking here

We would appreciate your comments regarding the organisation or the website, please send your comments to:-





The 2018 revised SORP has been published and can be found in the Member Zone


PRAG's response to the Pensions Regulator's consultation on the authorisation and supervision of master trusts can be found in the Member Zone 


Going concern and pension scheme financial statements

PRAG has published guidance on the assessment of going concern to assist trustees and pension scheme auditors.

Click here to find the guidance in the member Zone


Guidance on how cybercrime affects pension schemes has been published

Click here to find the guidance in the member Zone













Statements of Recommended Practice ("SORPs") are recommendations on accounting practices for specialised industries or sectors.  

PRAG is recognised by the ASB as the appropriate body within the pensions industry for issuing statements of recommended practice governing the form and content of financial statements for pension schemes.


On this site... 

 Current Projects
 Useful links 

Related Internet links...

 Accounting Standards Board
 The Pensions Regulator
 Pensions Archive Trust

 © 2009-2017 PRAG | Privacy policy | Terms and conditions | Sitemap | Website design by Enstar