Interested to Buy Any Domain ? << Click Here >> for more details...
Under the SORP, do you have to disclose fees received by a
trustee for a professional service even if you have a
charging clause in the Governing Document?
- 1 Answers
- 4126 Views
- I also Faced
- E-Mail Answers
Answer / guest
Normally Yes. Remuneration for acting as a trustee is
always considered material to the accounts and should
therefore be shown in a note to the accounts. It is
advisable for the note to the accounts to explain the
charging clause. If a trustee has received payment for a
professional service which the charity would have purchased
as part of its normal operations, disclosure is only
required where it is material but is advisable in all
cases.
| Is This Answer Correct ? | 0 Yes | 0 No |
what are types of cost? categorise these cost specially those which are relates to financial managment. and which cost should be consider during management.
Let me know why we debit expenses and credit revenues
give the details of overheads which are not included in costing
what is the diffrance between fund flow statement and cash flow statement.
do you have debit and credit in balance sheet
What function within asset accounting allow mass processing?( any 2 answer) • Mass asset changes • Mass asset retirements ( abavn) • Mass asset acquisition ( abzon) • Mass deletion of active assets with net book value zero.
what is shudle six balancesheet
What is the entry for Salary for the month of March if the books closed on 31-03. Before 31st March and after 31st March?
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
Clasify Loss
EXPAND_________VTPS
while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??
Audit 
