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