Accounting and Reporting Developments An Auditor's Perspective. What am I covering today?. Accounting developments Sector developments Recurring themes CCG update Audit Committee role on Governance.
Accounting DevelopmentsNo major new accounting standards Exemption from applying IAS 27 no longer applies to NHS charities Modified absorption accounting Accounting arrangements for CCGs
What could make a charity material from a qualitative point of view?
Recurring Themes Judgements and estimatesFinancial resilience and going concernAgreement of balances Income / expenditure recognition Remuneration disclosures