First draft of new charity accounting rules could be published by end of the year - Third Sector

First draft of new charity accounting rules could be published by end of the year - Third Sector: "Accounting Standards Board reveals timetable for change

The Accounting Standards Board hopes to present the first draft of a new accounting regime for charities and other public benefit entities by the end of the year.

The rules will be drawn up as part of the process of bringing the UK's accounting regulations in line with new International Financial Reporting Standards."