Session A

Accounting for a charity

• Accounting framework and FRS 102
• Accounting framework for unincorporated entities
• alternative accounting rules for small charities
• Circular 13/2014
• The use of SORP
• Accounting for acquisition and consolidation

Aidan Clifford, ACCA Ireland

Session B

Tax compliance in the not for profit sector

• The Charities Act 2009 and how it impacts on existing Revenue practic
• Structure of charities, i.e. companies v trusts
• Obtaining a CRA number and a CHY number
• The legislative provisions pertaining to charities, covering CGT, CAT (legacies), income tax and VAT
• Practical tax aspects to running a charity, covering PAYE, expenses, VATable supplies, investment income, claiming tax back on donations and disposing of property
• Reporting obligations under the Charities Act

Sandra Chambers, Vico Tax

Session C

Governance for Charities

• Entities that must register
• Exempt charities
• Applying to become a registered charity
• Small charity governance
• Cash collection and other codes of conduct
• Sources of guidance for small charities

Sheila Nordon, ICTR 

Session D

Charity Audit

• The audit limits: unincorporated and incorporated
• Independent person reviews
• Reporting
• The audit of regularity
• Common audit problems encountered with charity audits

Colm Divilly