29 Oct 2013
St Andrew’s Healthcare, one of the largest charities in the UK, has been told by commissioners that calling itself a social enterprise will help it win contracts.
Andrew Hind reports on a landmark meeting examining the steps required to create an international reporting standard for charities.
History was made this week when international accounting standard-setters met with a group of leading UK charity financial directors to discuss the need for an international standard for not-for-profit entities.
The new charity accounting framework must serve the needs of users, argues Nick Brooks.
Big Society indeed. Big bucks for the big players and let the rest of us, operating diligently and frugally, eat dust. I hope this story keeps its legs and congratulate those who continue to dig.
The Charities Sorp Committee has started work on a modular e-version of the next Sorp, to ensure it dovetails with the three-tier approach that the Accounting Standards Board is planning for the move to harmonise UK reporting standards with international ones.
The Accounting Standards Board has decided to create an accounting standard for charities and other public benefit entities, as part of its work to harmonise UK accounting standards with international ones.
Charity Finance has surveyed the UK’s largest 100 charities to find out whether they intend to publish their expenses following the advice of the Independent Expert Group on Charity Expenses. Tania Mason reports.