18 Sep 2014
A man has admitted pocketing £300,000 donated by members of the public who believed it would go to Help for Heroes.
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.
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.
Basically it looks like the government stuffing public money into their friend's pockets without actually expecting them to do anything for it.
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.
Richard Weaver considers the impact two Sorps could have on the sector.