TaxCalc Blog
News and events from TaxCalc
Compliance
Top 10 charity accounting mistakes – and how to avoid them
Charity accounting is complex. Many charities - particularly smaller ones - still get the basics wrong.
Between evolving regulations, unique governance structures and the quirks of SORP, even experienced accountancy professionals can stumble.
At TaxCalc, we’ve reviewed hundreds of charity accounts and seen the same mistakes crop up time and again.
Many of these issues stem from charities preparing accounts manually in Word or Excel, where errors are easy to make and hard to catch. Here’s a rundown of the most common pitfalls - and how you can avoid them.
Read more
Anti-money laundering sneaks itself on hectic January tax season
For a lot of accountants, January is not the best time to think of anything else other than tax. As you tuck in to SA return after SA return you may or may not have noticed that following a consultation back in June 2019 the money laundering and terrorist financing (amendment) regulations 2019 (MLRs) came into force on 10 January 2020, updating existing regulations.
Here is a brief summary of some of the key changes within the 2019 regulations.
Read moreHow to subscribe
Get the TaxCalc news as soon as we publish it!
To sign up, please log in or create an account.
Log inHow to comment
If you already have a TaxCalc account, you can comment on any articles written here.
To avoid using your actual name, you can create a special ID. Just log in and visit your customer account to create it.
Create your IDAuthors
Article categories
(19)
(4)
(6)
(8)
(29)
(17)
(7)
(3)
(6)
(7)
(10)
(15)
(4)
(10)
(1)
(2)
(2)
(2)
(6)
(22)
(1)
Cookie Settings