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PIMBs Briefing - Autumn 2015

23rd November 2015

Welcome to our Autumn briefing for professional institutes and membership bodies. 

In this edition we are pleased to have a guest article from Professor Andy Friedman, CEO of the Professional Association Research Network (PARN) on the health of the professional body sector following the launch of PARN’s latest financial benchmarking survey in October. 

Another interesting discussion at the October PARN Finance Special Interest Group centred around the use of lay members on committees. Here Richard Weaver explores the role of lay members from a governance perspective.

We are also delighted to have a guest article from Melanie Roberts, Business Partner at Sarasin, who considers the key criteria for assessing your investment manager.

We look at whether you are prepared for FRS 102, the new accounting standards which you will be required to comply with for accounting periods starting on or after 1 January 2015. What areas do you need to consider in advance of your up and coming financial year end? 

Phil Salmon provides details on a VAT update regarding Exhibition charges and the shift in policy from HMRC. Finally, we have provided some key updates in charity reporting and regulation for our readers that are registered charities.  

We hope you enjoy reading this edition of our PIMBs Briefing and if you have any queries on any of the points raised in these articles, please do not hesitate to contact one of our team.

Jeremy Beard
Partner, Head of PIMBs

Kathryn Burton

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