Charities will not have to disclose the job titles and salaries of their highest-earning employees under recommendations for the new Statement of Recommended Practice.
The Charity Commission and the Office of the Scottish Charity Regulator have published details of what charities should expect in the new Sorp, which will be introduced for accounts for financial years beginning on or after 1 January 2015.
It confirms that there will be two Sorps, one based on the new FRS 102 reporting standard, and the other on the Financial Reporting Standard for Smaller Entities, as reported by Third Sector last week.
The commission and the OSCR, which are authorised by the Financial Reporting Council to organise the Sorp review, consulted last year on a draft version of the document and asked if the next version should require organisations to disclose the precise salaries and job titles of their highest-earning employees.
But the regulators have recommended this week that charities that prepare accruals accounts will have to disclose only the pay of staff that earn more than £60,000 in bands of £10,000, without setting out further details such as individual job titles.
The requirement to set out pay in bands is expected to be extended to charities with annual incomes of more than £250,000, rather than just those with incomes of more than £500,000 and subject to audit requirements, as under the existing system.
The regulators also ruled out introducing a new requirement for charities to disclose income from government sources, which attracted "little support", the two organisations said.
Laura Anderson, head of enforcement at the OSCR and joint chair of the Sorp Committee, which advises on matters relating to the Sorp, said: "The input we received from charities and sector professionals has been invaluable in helping us produce a Sorp that really serves the sector well.
"Our decision to split out the requirements of two different accounting standards into two different Sorps means that charities will have a product specific to their needs."
The Financial Reporting Council is due to publish final versions of the Sorps in June.