Charity Financials Insider

The auditors are coming…
GOVERNANCE | 15 February 2019

Is that your heart sinking I can hear? Impending doom? You really don’t have the time? We know, as auditors we are subjected to our own institute audit review and annual independent compliance review so we can emphasise. However, we can’t avoid it, and neither can charities – let’s call it a necessary evil!

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6 new principles for grant reporting
GOVERNANCE | 01 February 2019

‘Bureaucratic, time-consuming and misunderstood.’ That was the verdict of a group of charity funders and grantees that recently attended a series of workshops to discuss the state of grant reporting in the UK...

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How to raise funds through social investment
FINANCE | 25 January 2019

Charities and social enterprises have a greater need for capital than ever before and social investment can help to plug the gap…

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Charity trustee reports: the challenge of transparency vs length
GOVERNANCE | 18 January 2019

The changes that SORP 2015 brought to the Trustees Report have been bedding in for the last few years. Transparency and balance were the requirements, although achieving that is not as clear as those changes that required a mere disclosure…

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Charities and contractors: the tax changes you need to know about
FINANCE | 10 January 2019

New tax legislation which comes into force in April 2020 addresses the use of contractors using personal service companies…

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How to deal with trustee conflicts of interests
GOVERNANCE | 02 January 2019

The Charity Commission continues to publish concerns around the use of charity funds and whether they were used in the best interests of the charity. One of the key concerns often raised, is whether a trustee took a decision with the best interest of the charity in mind, or whether their decision making was compromised by a conflict of interest…  

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3 ways leaders of NGOs can tackle the weak pound
FINANCE | 14 December 2018

Here's how those responsible for financial management of organisations that are exposed to currency fluxuations can safeguard against future hits...

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10 tax-free benefits that the charity sector can provide to staff
FINANCE | 29 November 2018

Tax is levied on pay and on many expenses and benefits provided to staff. Most will know about pensions and childcare and cycle schemes, but there are other less well known and less often provided benefits that could, particularly when added together, make a real difference to your staff’s financial, physical and mental wellbeing...

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Q&A with Jo Keaney, Director of Finance and Corporate Services at St John Ambulance
TRENDS & DATA ANALYSIS | 22 November 2018

Jo discusses the collective responsibility of managing finances within an organisation, the challenges of ensuring GDPR compliance and how the social impact evaluation process is evolving for charities… 

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3 ways to measure your charity’s investment performance
SPECIALIST OUTLOOK | 21 November 2018

Charities have different objectives when it comes to investments and this will be reflected in their differing investment policies. However, all charities should be looking at similar measurements to determine the overall performance of the fund…

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