Registry of Credit Union issues Guidance Note for Credit Unions on Matters Relating to Accounting for Investments

Fri, Apr 17, 2009

The Registry of Credit Unions ('RCU') has issued a Guidance Note for Credit Unions on Matters Relating to Accounting for Investments. The Guidance Note is being issued by the RCU to remind credit unions to ensure that the accounting treatment which they adopt for investments complies with the relevant requirements of the Act and that their distribution policy is appropriate and prudent for the particular circumstances of the credit union. According to the RCU, Credit unions will be subject to inspection from time to time to assess their compliance with this Guidance Note.

Recommended Reading

Featured book

A Practical Guide to Insolvency by Kavanagh Fennell now available on the iBookstore This easy-to-use guide to the complexities of insolvency in Ireland for business managers, accountants, and other professionals, previously published in paperback, is available for your iPad in the iBookstore and for your Kobo eReader from KoboBooks.

Chartered Accountants Ireland Logo

Chartered Accountants House, 47 Pearse St, Dublin 2, Ireland


Tel: +353 1 637 7200

Chartered Accountants House, 32-38 Linenhall Street, Belfast, County Antrim BT2 8BG, United Kingdom‎


Tel: +44 28 90435840

CARB Logo GAA Logo

 

 

 

© Copyright Chartered Accountants Ireland 2012. All Rights Reserved.

Terms & Conditions | Privacy Policy

District Societies: Leinster | Ulster | Cork | London | Western | Mid-Western | North Western | Australian