Helping charities manage risk

The Charity Commission has published its response to a report from the Institute of Chartered Accountants in England and Wales (ICAEW) which identified key areas where more work needs to be done to help the sector manage financial risk.

Among the specific future actions is the possible development of a Trustees guide to using the SORP (Statement of Recommended Practice). See http://www.charitycommission.gov.uk/RSS/News/pr_review_project_icaew.aspx.

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