Charity Audit Survey 2010
Tags: Audit and accountancy
Diane Sim
Freelance consultant
Diane Sim is a freelance consultant specialising in research-based projects in financial and professional services. For Charity Finance magazine she has authored the recent annual surveys on banking, fund management, charity shops and the finance function and is currently working on the annual audit survey.
Sim formerly headed up the retail banking and wealth management division of VRL Knowledgebank, where she was responsible for the company's newsletters, websites, management reports and conferences in those segments. She has also edited newsletters in the financial services sector including European Banker, Cards International and Retail Banker International.
She has also worked as a consultant on research-based strategy projects for UK and international financial services clients, both at Davis International Banking Consultants (1994-2001) and Coopers and Lybrand (1989-1994).
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The charity audit survey is a long-established annual review of the charity audit scene identifying the strengths and weaknesses of accountancy firms in this field and allowing charities to assess their auditor’s services and fees against those reported by hundreds of other organisations.
Analysis
Cloud on the horizon: the Charity Accounting Software Survey 2010 1
Tags: Accounting software
The percentage of charities which would recommend their accounting software supplier to another charity is at an all-time high of 78 per cent, in this year's Charity Accounting Software Survey. Yet for small charities, those with turnover of less than £1m, the rate is just 56 per cent. Diane Sim reports.
Now in its seventeenth year, Charity Finance’s annual review of the charity audit market and related reporting issues is based on data from 1,097 charities with collective annual income of £20.3bn and audit fees of £22.2m.
Some 66 per cent of charities would recommend their supplier to other charities, up from 63 per cent last year, according to Civil Society IT’s third annual Charity CRM Software Survey. For the third year running, Raiser’s Edge from Blackbaud is the most popular specialist package, used by 16 per cent of all charities surveyed.
Diane Sim reports on the relentless rise of Chris Hohn’s hedge fund charity up the Charity 100 Index rankings.
From customer satisfaction levels to the increased demand for integration with other systems, Diane Sim presents the findings of the fourth annual Charity CRM Software Survey at a time when the market is thriving.
The world looks like a happy place for charity shops, as the Charity Finance Charity Shops Survey 2010 shows income up, profits rising and optimism for growth. Celina Ribeiro and Diane Sim take a look at the top trends.
The most unusual item donated to charity shops in the past year was a one-foot-high meerkat called Alexander, made out of bubblewrap and sellotape.