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SHR 28 GUIDANCE NOTE - UPDATE RELEASED TODAY (ANNUAL ACCOUNTS, PREPARATION OF FINANCIAL STATEMENTS)

We have published updated guidance to support the preparation of the 2009/10 financial statements. It has been updated to highlight issues that emerged from the preparation and submission of the 2008/09 statements

As regulator, we use RSLs’ financial statements to review and analyse performance therefore consistent financial reporting within the social housing sector is essential.

Our updated guidance note is intended to promote consistency both across the sector and, in relation to individual RSLs, over successive accounting periods. It summarises and clarifies reporting requirements and the range of documents with which RSLs need to comply..

The updated guidance note can be found here