If you have a charitable parent company, limited by
guarantee, and a trading subsidiary, which is also a
company, which accounts will have to be prepared for the
parent company?
Answer / guest
The charity must always prepare a set of parent company
accounts. Unless for some reason no consolidated accounts
are required, the charity must prepare consolidated
accounts including a parent balance sheet for Companies
House. The Charity Commission are entitled to receive a
full set of parent company accounts (including a SOFA).
They are normally prepared to accept consolidated accounts
prepared in accordance with SORP 2000 including a parent
balance sheet but with no parent SOFA. However there are
circumstances where the parent SOFA will be required by the
Commission.
Is This Answer Correct ? | 3 Yes | 0 No |
what is the Journal entry for Salaries outstanding? Giv an example.
27 Answers ACS, Apple, Cognizant, Genpact, HSBC, Infosys,
Treatment of Government grant and its utilization in P
Treatment of P&L A/c balance(either profit or loss)??
Can a Chairman of the Board be removed from the chair by the Managing Director And other Directors of the Company during the Course of the Board Meeting.
What are the forms required to be file along with annual return.
Give the company law and income tax law depriciations rates how both are calculte?
DIFFERENCE BETWEEN EQUITY SHARE CAPITAL & PREFERENCIAL SHAR CAPITAL
hi Please help me for my interview in syntel so please guiad
when is the last date for filling of tds 4 th quarter
how to prepare a MIS report
1 Answers Sai Softech, UCA, VT Vacuum Technologies,
WHAT TO DO IF BANK RECONCILIATION STATEMENT DOES NOT TALLY?
what is holding companies accounts