Accounting & Reporting by Charities in the Republic of Ireland

[9781907214318]

The Charities Act 2009 has focused attention on the form and content of charity accounts and reports. Currently in the Republic of Ireland there is no specific format for the reports and accounts of charities and not-for-profit organisations in general though a number of organisations have adopted some of the Provisions of the Statement of Recommended Practice: Accounting and Reporting by Charities (Revised 2005) issued by the Charity Commission in the UK. The form and content for charity accounting and reporting in Ireland will be prescribed by Regulations made by the Minister. This new book sets out an analysis and discussion of Generally Accepted Accounting Practice in Ireland (Irish GAAP) as it applies to charities in the Republic of Ireland. Importantly, as well as charities, it will also act as a practical guide for those accounting for not-for-profit organisations in general.