A.49 Accounting for joint ventures

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Introduction

According to the Statement of Recommended Practices (SORP) ‘’the primary purpose of the trustees’ annual report is to ensure that the charity is publicly accountable to its stakeholders for the stewardship and management of the funds it holds on trust.”

Charities may collaborate with other charities or entities in several ways. This course applies to charities that collaborate with other charities or entities through various types of joint venture activity. A joint venture entity is a jointly controlled entity in which each party (venturer) has an interest. The other venturers may be charities, social enterprises or for-profit companies or other entities.

Doing this course will enable accountants and trustees alike what information is to be legally required to be included with regards to joint ventures in a trustee’s annual report. Specifically, the course coves;

  • Forms of joint ventures
  • Accounting for joint ventures
  • Presentation and disclosure of joint ventures

This course is derived from the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)

 

Who is it for?

  • Accountants
  • Trustees of charities
  • Users of charity information
  • Funders and banks

 

How does it work?

Once you register for the course, we will email you your log-in ID, and you can be on your way to learn right away. It’s that simple.

You can read our terms of engagement by clicking here.

You can pay for this program by using a debit or credit card.

Click here for our bank details

Instructor

Jameela Khan

£450.00