REGISTERED PROVIDERS OF SOCIAL HOUSING

The accounting and reporting requirements for Housing Associations are complex and can be difficult to understand. They have become even more challenging following the compulsory requirement for component accounting under the SORP: Accounting for Registered Social Housing Providers – Update 2012.

At Eacotts, we incorporate our core values into every assignment , striving to deliver high quality services to your organisation. We maintain our technical and operational knowledge through regular specialist training.

Our understanding of this sector enables us to assist you with any issues you might face. We are also able to help you deal with the financial compliance burden as painlessly and cost effectively as possible.

Our services for housing association include:

Compliance with your statutory requirements

Audit of annual statutory accounts
Internal audit of systems, processes and controls
Bookkeeping support; and
Compilation of annual statutory accounts that comply fully with the new SORP.

Support when dealing Taxation matters

VAT planning and compliance including partial exemption reviews;
Corporation tax and tax status, including mitigation of corporation tax liabilities, impact of trading activities on charitable status, use of trading subsidiaries and property transactions;
Payroll services, PAYE and other remuneration taxes; and
Tax trading issues;

We can also help with governance and strategic matters

Governance reviews;
Budgetary control;
Company secretarial support;
Fraud risk assessment;
Risk management; and
Strategic planning;

What else we can offer

Assessing the effectiveness of internal control ;
Accounting software selection;
Pensions; and
restructuring