Charity regulation in Scotland changed significantly with the passing of The Charities & Trustee Investment (Scotland) Act 2005 which created the Office of the Scottish Charity Regulator (OSCR). Now nearly six years on, a new constitutional form and amendments to the accounting regulations are to be introduced in Scotland on 1 April 2011.
Norman McFarlane, Monitoring Manager from OSCR who will be speaking at a Chartered Institute of Management Accountants (CIMA) event that is taking place on the 8th March 2011 in Dundee, will be taking attendees through the accounting implications of the current and forthcoming changes to the accounting regulations, the monitoring process and providing profile and sector analysis to allow attendees to gain an understanding of this important sector who contribute significantly to life in Scotland. A brief insight into the new constitutional form will also be provided.
Norman, McFarlane, speaker at the CIMA event, says, “OSCR and CIMA are keen to inform charities and professional advisors through this event of the changes that will come into effect from April 1st. Now, nearly six years into our monitoring programme, this is a great opportunity for OSCR to be able to provide an insight into the profile of the charity sector in Scotland and to be able to reflect on the lessons we have learned so far.”
If you cannot attend the event but wish to be kept appraised of developments in Scottish Charity legislation you are encouraged to subscribe to OSCR’s e-newsletter which you can do by visiting www.oscr.org.uk
CIMA run a series of events for students, members and guests throughout Scotland on a regular basis across the year. For further information visit
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Notes to Editors
1. The Chartered Institute of Management Accountants, founded in 1919, is the world’s leading and largest professional body of Management Accountants, with 183,000 members and students operating in 168 countries, working at the heart of business. CIMA members and students work in industry, commerce and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.
CIMA is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy. CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.
According to independent research conducted by the University of Bath School of Management, CIMA’s syllabus and examination structure are the most relevant to the needs of business of all the accountancy bodies assessed. See the CIMA Difference report for further information at www.cimaglobal.com/thecimadifference
For more information about CIMA, please visit www.cimaglobal.com
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