Publisher's Synopsis
Covers the taxation, accounts and audit of charities, both small and large, and is up-to date to include the Finance Act 1990 provisions and the latest SORP2 (Accounting by Charities). It deals with setting up a charity, fund raising activities, the various forms its accounts may take, the audit of its accounts and the taxation of its income, including value added tax. A charity is a peculiar institution under UK law and all the relevant legal aspects are considered, including the charity's constitution, the regulations relating to house-to-house collection, the various Acts applicable to different kinds of charities, the many ways in which a charity accounts may be presented and the various audit points particular to a body which has "voluntary" income. There are 25 chapters, 28 appendices, an index and a table of statutes. The government's proposals in the May 1989 White Paper "Charities: A Framework for the Future" has been included. The appendices contain checklists, regulations, useful addressed, information concerning covenants, model deeds of covenant and other useful information. Many examples are included.;The book is produced in loose-leaf format. It is aimed at accountants, lawyers and everyone involved in the management or the accounting or the audit of a charity.
