Accounting records and reporting

Accurate accounting records kept that record and explain the financial transactions

s66

Annual accounts prepared in accordance with the requirements of association’s Tier

s68,71,74

Annual accounts presented to the members at the AGM

s70,73,76

For Tier 2s – The annual accounts are to be reviewed

s72

For Tier 3s – The annual accounts are to be audited

s75

All financial records are to be kept for at least 7 years.

s67