The annual income threshold at which charities in Scotland must prepare accruals accounts, instead of simpler receipts and payments accounts, will rise next year from £100,000 to £250,000, the Office of the Scottish Charity Regulator has announced.
In addition, the threshold for the level of assets held by a charity before it needs an audit will rise from £2.8m to £3.26m, in line with company law.
All charities with incomes over £500,000 will also be required to have audits, irrespective of their total assets.
The OSCR said the decision to raise the thresholds was taken by the Scottish Government after a consultation held in the summer on potential changes to the Charities Accounts (Scotland) Regulations 2006.
Changes have also been made to the way that gross income and endowment income are recorded.