PracticeConsultingConsultation on accounting regulations for charity begins

Consultation on accounting regulations for charity begins

Consultation is to be launched on the revision of accounting regulations for charity, according to a government statement.

Proposed changes to the 1995 accounting regulations reflect the new exposure draft of the Statement of Recommended Practice for accounting by charities.

Home Office minister Paul Boateng said: ‘A clear framework for charity accounting is important for the public’s confidence in the integrity of charity. ‘

Views on the revision should be in by 30 April an sent to the Charity Commission.

The exposure draft and the consultation regulations are on the Commission’s website at /a>

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