Updated guidance from the Scottish regulator
September 2011
OSCR's guidance on charity accounts has been updated to reflect the changes introduced by the Charities Accounts (Scotland) Amendment Regulations 2010.
Some of the changes are only effective for accounting periods starting on or after 1 April 2011; others have already been introduced. The updated guidance explains the legal requirements both before and after the amendments take effect.
Charity trustees must prepare accounts that comply with the Charities and Trustee Investment (Scotland) Act 2005 and Regulations and subject them to the appropriate external scrutiny. To support charity trustees in this key duty, OSCR is sending a copy of this publication to each of Scotland's 23,300 charities.
Laura Anderson, OSCR's Head of Enquiry & Investigation said: "The guidance is designed to assist charity trustees and their advisors in understanding the requirements for the preparation and external scrutiny of accounts in line with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)"
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