13 Nov 2014
BeatBullying will go into administration after suffering “significant financial difficulties”, the charity’s trustees have said in a statement.
The Charity Commission and Office of the Scottish Charity Regulator launched a search today for new members of their joint Sorp Committee, to provide advice on best financial practices within the charity sector.
Sudhir Singh and Simon Erskine look at the implications of two new consultations on the accounting of charitable companies, and how these create further uncertainies over the new Sorps.
The two new Statements of Recommended Practice (Sorps) that will apply to all charities that prepare accruals accounts for years beginning on or after 1 January 2015, have been published today.
Tax avoidance may be legal, but it is still obnoxious. And the rest of us pay additional tax as a result. If I were asked whether the accountants and legal experts who set up these schemes are 'fit and proper persons', I know what my answer would be.
The process of recruiting charity trustees is “too opaque” and needs reform, the outgoing head of accountancy policy at the Charity Commission has said in an interview with Charity Finance magazine.
Ray Jones steps down as head of accountancy policy at the Charity Commission this summer. He tells David Ainsworth how financial reporting has changed since 1992.
The charities Statements of Recommended Practice have been approved for
publication by the Financial Reporting Council, the Charity Commission
and the Office of the Scottish Charity Regulator announced today.