A Trade Association is an organisation, formed by members of a particular industry to act on their behalf. This usually involves promoting the members’ products and services and providing advice. Such organisations are non-profit making, aiming only to raise revenue sufficient to cover their costs. The priorities of a Trade Association are different from profit making companies.
In traditional financial terms one of the main considerations is the type of income received. This varies significantly from that received by profit making companies. We recognise the special needs of Trade Associations and have an up-to-date awareness of matters affecting that type of organisation.
Richardsons audit a number of Trade Associations.
Who can I talk to about this?