CIOs for accountants: What you need to know
Increasing numbers of accountants are choosing to specialise in the charity sector, as the number of not for profit organisations continue to expand, explains Bates Wells & Braithwaite (BWB) partner Thea Longley.
Whether you are auditing a charity client or advising on setting up or restructuring an existing charity you need to be aware of the new charitable incorporated organisation (CIO).
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- CIO means single regulation
- Benefits of incorporation with less regulatory burden
- Not always the best model for bank finance
- The main pros and cons
- What it means for new and existing charities