This blog sets out the current ways in which charities can prepare their annual accounts and whether they need to be audited or subjected to independent examination.
Please click on this link to read or download the article.
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Author: Chris
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Tags: charities charity accounting charities sorp charity audits independent examinations
Company law now provides that many private companies are exempt from audit.
If a company's Articles, however, still stipulate that an audit is required, they do take precedence over the Act. They will need to be changed formally if a company wants to avoid having its accounts audited.
From 1 April 2017 a new VAT flat rate of 16.5% is to be introduced for limited cost traders. It will replace all the existing rates in any case where the value of VAT-inclusive spend on purchase of goods by a business is either less than 2% of your VAT-inclusive turnover (or, if more than 2% of ....
You can download a copy of our Spring Budget 2017 summary by clicking on this link.
