Charities and politics

The recent party conference season and fall-out from hostile press coverage on charities has led to quite a number of articles with a political flavour. Here’s a small selection:

Minister to announce measures to support more public sector bodies to better utilise the (Public Services Social Value) Act; the future of charities amidst this more hostile environment; Labour and Conservative policies and approaches. Continue reading Charities and politics

Guide for using International Financial Reporting Standard for SMEs

One for professional charity accountants rather than anybody else.  The Association of Chartered Certified Accountants (ACCA) has produced a ‘Companion guide for not-for-profits to the IFRS for SMEs’.

The guide provides assistance to not-for-profit entities that may wish to prepare reports on the basis of the International Financial Reporting Standard for small and medium-sized enterprises.

Continue reading Guide for using International Financial Reporting Standard for SMEs

Trustees discretion upheld by Charity Commission statement

The recent judicial review on whether the Charity Commission acted beyond its powers, when it demanded that the Joseph Rowntree Charitable Trust (JCRT) would not provide any more funds to the advocacy group Cage, has been dropped. This follows all three parties (Cage, JCRT and the Commission) agreeing a statement that the Charity Commission “has no power to require trustees to fetter the future exercise of their fiduciary duties under its general power to give advice and guidance”.

Continue reading Trustees discretion upheld by Charity Commission statement

Kick-starting Scottish self-regulation of fundraising

The Scottish Council for Voluntary Organisations (SCVO) is inviting charities to attend a major event to help shape how fundraising regulation should work in Scotland.

While legislation on fundraising is largely reserved to the UK government, Scottish charities are regulated by the Office of the Scottish Charity Regulator separately from England and Wales. Third Force News reports that many in Scotland’s voluntary sector believe that the different profile of the sector north of the border should lead to having its own fundraising self-regulation system.

Continue reading Kick-starting Scottish self-regulation of fundraising