12 Feb 2015
The Prime Minister’s office told Nick Hurd to continue funding Big Society Network even though the then-minister for civil society had raised concerns about its poor performance and financial sustainability, the National Audit Office has found.
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.
So B&B operators cannot refuse gay couples a bed in their own home yet banks can assume muslim organisations might be laundering money for terrorists without any criminal act being proved. Its a strange world.
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.