Charity Compliance Update – October 2017

This month it’s all about reporting to the regulators. Reporting serious incidents in charities – updated guidance for trustees On 22 September the Charity Commission for England and Wales published a feedback and response document to its consultation around the reporting of serious incidents in charities. The consultation closed on 12 January 2017. The feedback […]

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How to structure your charity’s chart of accounts – part 1

Your charity’s Chart of Accounts (COA) is the collective term for your list of nominal ledger accounts, which can be grouped in to certain categories – such as income, expenditure, assets, liabilities and funds – forming the basis for your organisation’s financial reporting. From time to time it is prudent to review your COA and […]

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YOUR CHARITY FAQS ANSWERED – Property accounting and asset leasing

Have you ever started a conversation with your accountant by saying; “This may be a stupid question but….”? Typically, these questions are the things which matter most to you at that point in time and therefore deserve to be explored and answered. In this new quarterly series, I will explore questions posed by our charity […]

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The GFC Spring/ Summer 2017 Charity Newsletter

Hot off the press we bring you our Spring/ Summer 2017 charity newsletter. Sit back with a cuppa and review our roundup of the latest accounting, taxation and governance issues affecting charities across the United Kingdom. In this issue we consider the impact of fundraising regulation, relevant consultations and legislative changes. We also include an […]

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Charity Compliance update – April 2017

Charity Compliance Update

It’s been a busy month for our regulators, meaning a rather mammoth update for you this month. We suggest making a fresh cuppa before diving in! Charity finances: trustee essentials (CC25) Originally published on 1 March 2011 and entitled Managing charity assets and resources (CC25), it was announced on 16 March 2017 that this has […]

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