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I have been approached to prepare the accounts of a local political party association. The idea interests me. I wonder if anyone has any experiences of this and any handy tips to help me decide whether or not to pursue it.
Thanks in advance.

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By bernard michael
04th Sep 2013 08:54

I wonder which one and will they pay you

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By andy.partridge
04th Sep 2013 10:10

Yes

It's a mainstream party and they will pay.

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By mrme89
04th Sep 2013 10:22
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By Moonbeam
04th Sep 2013 11:03

Lots of phaffing about involved

Because of all the electoral rules about expenditure, it may be a more detailed job than you would like.

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By ccassociates
04th Sep 2013 12:21

MLR

Dont forget the extra diligence under MLR for PEPs

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By Swimmingagainstthe Tide
06th Sep 2013 12:06

Could only take an hour!

Depending upon the party and the geographical location you may find the income and expenditure so small it will be a very quick job.  Most local parties have very limited income and expenditure.  The Electoral Commission provides good guidance on the accounts necessary but they are pretty straightforward and as far as I am aware you are just required to prepare accounts not act as some sort of guardian of their compliance with the detailed regulations.  Anyway, most local parties will have very standard and uncontenious costs. 

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7om
By Tom 7000
06th Sep 2013 14:36

Head office

The head offices ( main parties) have to be audited above the threshold. I know I did one for a few years. So if its the main office watch out, 

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By Bluesword
06th Sep 2013 15:53

Fairly straight forward

I managed the bookkeeping and payroll for a local party association and found it was straight forward enough. It was a basic bookkeeping role. The association officers had to ensure PPPER compliance, and I had just to prepare accounts in the prescribed format.

 

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