12 Feb 2015
The government has today announced the names of 23 water rescue and Royal Navy charities which will received £8m of funding announced in the last Budget.
The Centre for Policy Studies has accused charities of a lack of transparency and inconsistency in their annual accounts, and claimed that up to £3.4bn is being “concealed” by the top 50 charities.
Andrew Hind warns that the the charity sector is not immune from the pressures that have led to disreputable practices in the commercial world.
The new Sorps are published, but the uncertain future of the FRSSE is creating confusion for many charities over which one to use, finds Diane Sim.
Congratulations to the RNLI - this only goes to prove that working on long term (and short term for that matter) legacies really pays dividends in the end.
Nigel Davies and Laura Anderson outline their plans for the Sorp Committee and next steps for the new Sorps.
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.