Trust Administration and Services to Charities
The planning and administration of charities has become more important with the growth of activities in this field. Trustees have, as a result of the growth of legislation in this field, assumed more onerous responsibilities. We offer advice in the following key areas:
- Duties and responsibilities of Trustees;
- Formation of a Charity/Trust;
- Administration and accounting requirements in setting up of a new Charity/Trust;
- Accounting system required to maintain proper records;
- Tax problems related to Charities/Trusts
- Format of the finanicial statements required.
- Audit of a Charity or Trust, if appropriate, under approved auditing standards.