Accounting and reporting for charities
25th June 2007, 5:09 pm
A consultation on changes to the audit, accounting and reporting rules for charities (England and Wales), as part of implementing the Charities Act 2006 and Companies Act 2006, has been published by the Office of the Third Sector, working closely with the Charity Commission.
Areas covered include harmonising the audit and independent examination requirements for company and non-company charities, a statutory framework for the preparation and filing of group accounts and requiring the trustees annual report to include information on public benefit provided by the charity. Consultation documents including reference material, Charity Commission press release.
Responses by 14th September.