A comprehensive toolkit of resources for co‑ops, helping them understand their accounting and financial reporting requirements under the Co‑operatives and Community Benefit Societies Act 2014.
A handy guide to co-operative finance
The toolkit also provides guidance on those knotty issues around corporation tax, VAT and mutual trading status. If you are a co‑op just getting started, there is a handy checklist of items that you need to think about to set you on the correct compliance path.
The toolkit includes the following:
- Society audit requirements
- Co-operative Treasurer role portrait
- Corporation tax
- Finance checklist
- Mutual trading
- Financial reporting for co-operatives
- Template accounts
- Special case