Back in March 2024, the Financial Reporting Council (FRC) finalised its periodic review of UK and Ireland accounting standards. The amendments ...

The Charity Commission has announced the issue of its revised Statement of Recommended Practice: Accounting and Reporting for Charities (SORP). SORP 2005 explains how to meet the requirements when ...

Charity reporting and accounting must be refocused with the views and needs of the users of charity reports and accounts at their centre, the SORP governance review panel has found. The panel was set ...

Following a string of controversies involving charities in recent years, the Association of Chartered Certified Accountants (ACCA) has said it is now time for the formal and compulsory introduction of ...

The Charity Commission has recently said there are no excuses for not filing accounts as it is the key to transparency and public trust in charities. They have also reported that nearly one third of ...

“I think we can offer a unique perspective: not only do we head up the not-for-profit and charity audit department, Sylwia and I are both directors of not-for-profits ourselves,” said Thomas McDonagh, ...

Charities can get financial guidance at a forum organised by the KM Charity Team. Sessions on subjects like ‘10 questions you need to ask your accountant’ will be run by chartered accountants Burgess ...

Scandal-hit Console closed this week, casting a shadow over the entire charity sector. So how do we ensure that it is properly run and above board? Regulation plea: Ivan Cooper, director of public ...

There are more than 12,000 charities in Ireland and malpractice in even one of them can result in an erosion of public trust in the entire sector. One of the few antidotes to that potential contagion ...

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