The RSH has changed its accounting rules for housing
associations in a new direction. The new rules are part of the English
regulator’s plan to align its requirements with the Value for Money Standard
introduced in April last year. Seven metrics are included in the Value for
Money Standard and the regulator will now require housing associations to
report their progress against these in their accounts. 
As well as this, associations will have to set
out “measurable plans to address any areas of underperformance”. Another change
has been brought in in light of the deregulation of how housing associations
can use funds raised from selling homes. Read more on Inside Housing.
https://www.insidehousing.co.uk/news/news/regulator-changes-accounting-requirements-for-housing-associations-60245
As well as this, associations will have to set
out “measurable plans to address any areas of underperformance”. Another change
has been brought in in light of the deregulation of how housing associations
can use funds raised from selling homes. Read more on Inside Housing.
