13 Mar 2014
Debbie Nunn summarises the Charity Commission’s recent consultations on a range of investment issues.
Christopher Stephen-Haynes assesses independent examination as a form of external scrutiny for smaller charities.
Charity regulators may replace the current Sorp with two separate sets of guidance when a new version is published this year, according to the head of accountancy policy at the Charity Commission.
Charities and social enterprises will get to scale in health - if they are given a chance. The improvements that they can deliver are huge.
We’ll definitely have a new Sorp in 2014. Ray Jones and Nigel Davies suggest we may even have two.
The Charity Commission has stated that it expects the new Sorp to be published by the end of June 2014, with it taking effect in 2015.
The Directory of Social Change has recommended to the Sorp Committee that grantmaking trusts should be obliged to provide details in their accounts and annual report of all grants they have made.