| Credit Union Seminar-
A large number of Credit Unions turned out for Alexander Sloan’s first Credit Union Seminar. The course held on the 27 May in conjunction with solicitors Wright Johnstone and Mackenzie LLP received extremely positive feedback with all respondents interested in future seminars. If you are interested in future seminars please let us know and we will keep you up to date with future events. E-Mail: creditunion@alexandersloan.co.uk
Future of Credit Union Accounting
The Accounting Standards Board (ASB) has issued a consultation on the future of UK GAAP. This could have a major impact on Credit Union accounting. The current proposals would mean that Credit Unions are forced to adopt full International Financial Reporting Standards (IFRS). This could lead to greater time and cost for the preparation of Credit Union accounts. We would recommend that Credit Unions read the consultation and make a response to ensure that their views are represented. The paper can be accessed by clicking here.
Business Plans
Issue 9 of the FSA Credit Union Newsletter focuses on Business Plans and can be accessed by clicking here. They have also issued a Business Planning Information Note. The Note covers the Business Planning process and what the Business Plan should include. The Business Planning Note can be accessed by clicking here. If you require further assistance regarding your business plans then please contact us at creditunion@alexandersloan.co.uk and we will be pleased to help.
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