10 Mar 2014
The Charity Commission is planning to scrutinise charities with pension deficits as it increases its accounts monitoring and review work for the year 2013/14, and takes a “tougher stance” on non-compliance issues.
Two recent public surveys indicate that charities should communicate better and file accounts on time to maintain support from individuals.
The fallout from the BBC Panorama investigation into Comic Relief's investments has highlighted the ongoing confusion in the sector over the Charity Commission's CC14 guidance.
Rosie Chapman suggests the sector needs its own set of CSR principles.
Accusations that Save the Children has been censoring criticism of the energy industry out of fear of upsetting corporate partners is just one negative story that the charity world has woken up to this morning.
The NCVO pay panel addresses a problem that doesn't exist -- setting up a straw man to beat to a pulp -- and has by its mere existence made it seem that a deep, dark scandal is brewing within the charitable sector. It would have been far better to greet phony media muck-raking with the scornful silence it deserved. Thanks for nothing, folks.
Social Enterprise UK has raised concern that the new social investment tax relief will exclude companies limited by guarantee with a social mission, but the CIC Association argues it only costs £15 to convert to a CIC structure, which is eligible for the relief.
The Financial Reporting Council is the latest regulatory body to take an interest in the operations of the Cup Trust, launching an investigation into whether any accountancy firms or individuals have committed misconduct in relation to its set-up and operation.
The negative media coverage today of Comic Relief’s investments into alcohol, arms and tobacco highlights the challenges charities face in trying to be perfect ethical investors, say sector observers.