Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
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?



Under the SORP, do you have to disclose fees received by a trustee for a professional service even..

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

Post New Answer

More Accounting AllOther Interview Questions

what are types of cost? categorise these cost specially those which are relates to financial managment. and which cost should be consider during management.

3 Answers  


Let me know why we debit expenses and credit revenues

3 Answers  


give the details of overheads which are not included in costing

0 Answers  


what is the diffrance between fund flow statement and cash flow statement.

5 Answers   Genpact,


do you have debit and credit in balance sheet

14 Answers   Capital IQ,


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.

2 Answers   IBM,


what is shudle six balancesheet

5 Answers   Genpact,


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?

10 Answers   IBM,


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.

0 Answers   ICAI,


Clasify Loss

0 Answers  


EXPAND_________VTPS

2 Answers  


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'??

0 Answers  


Categories