Charity Accounting and Taxation, 5th editionBuzzacott LLP Charity Team
Charity Accounting and Taxation 5ed guides you through the latest accounting and taxation regulations affecting charities in the UK.
Practical and user-friendly, using examples and case studies, it demonstrates the framework for the annual report and audit of a charity. If you advise or work in-house for a charitable or not-for-profit organisation you will find the material within the pages of this book truly indispensable. Do not miss out.
Specialists technical guidance that enables you to:
Prepare your charity’s annual report to meet the requirements of its stakeholdersStructure your charity’s finances to bestavoid potential tax and VAT pitfallsSuccessfully navigate all aspects of a charity’s accounting and tax requirements Understand the impact and application of the Charity SORP, plus the Charities Act 2006 Benchmark your work against the latest best practice guidelines Access sound advice when you come across a contentious issue Profit from the numerous examples that
demonstrate exactly ‘how to’
You will benefit from clear step-by-step guidance outlining the reporting and accounting requirements of the Charity SORP. Each user-friendly chapter supplies key best practice guidelines, examples taken from published accountsplus commentary on the complex or contentious issues you’re likely to face.
No other accountancy resource covering charity and not-for-profit organisations offers:
Material covering both accounting framework and taxationA demonstration of putting accountancy theory into practicePublished charity accounts as examplesExpert information covering all aspects of charity and not-for-profit accountancyBibliographic detail
ISBN 978 1 84766 267 5
Publication Date: Apr-10
Format: Paperback
Availability: In print
List price: £72
CONTENTS
Chapter 1 Charity
Chapter 2 Trustees’ responsibilities
Chapter 3 Accounting requirements
Chapter 4 Trustees’ report
Chapter 5 Accounting policies and accounts structure
Chapter 6 Statement of Financial Activities
Chapter 7 Incoming resources
Chapter 8 Resources expended
Chapter 9 Balance sheet presentation
Chapter 10 Fixed assets, valuations and depreciation
Chapter 11 Current assets, liabilities and reserves
Chapter 12 Cash flow statements
Chapter 13 Notes and disclosures
Chapter 14 Summarised accounts
Chapter 15 Scottish, Irish and exempt charities
Chapter 16 Audit and other external scrutiny
Chapter 17 Tax exemptions and charities
Chapter 18 Tax and trading activities of charities
Chapter 19 Tax incentives to donors
Chapter 20 Charities and VAT
Appendices
1 - Useful addresses
2 - Charity Commission Publications
3 - Charity Commission definition of gross income and total expenditure
4 - Stages of an audit
5 - Auditors ceasing office
6 - The duty of auditors to report matters of material significance to the Charity Commission and OSCR
7 - Model Gift Aid Declaration
8 - Sponsorship and Gift Aid declaration
9 - Trusts and Estates Charities form
10 - Company tax return form: charity supplementary pages