Displaying 1-30 of 142 results
Unpacking Charity Community insights: Key takeaways from our member survey
- Jun 2024
- Kristina Kopic
In early May, we conducted a Charity Community survey to find out how we can best support you and improve our offer. Here is what you told us.
Government and lottery grantmaking plummets by over 20%
- Jun 2024
- Kristina Kopic
The latest report on UK grantmaking presents a detailed analysis of the 2022-23 giving landscape, revealing a concerning decline in government and lottery grants but a more positive picture from major foundations and community foundations.
CPD stock take – Leverage our resources to stay ahead
- Jun 2024
- Kristina Kopic
Continuous Professional Development (CPD) is not just a requirement but a pivotal part of our professional lives. It ensures we stay current, competent, and competitive in our careers. As the end of the CPD year (31 October) is only a few months away, it's time to take stock of your progress and make the most of the resources and support available to us.
Transforming non-profit accounting: the final exposure draft of INPAG is here!
- Jun 2024
- Kristina Kopic
CIPFA and Humentum have now published the third exposure draft (ED3) of the world’s first-ever International Non-Profit Accounting Guidance (INPAG) for Non-Profit Organisations (NPO).
Embracing the Challenge: Stuart’s McKay’s journey as a Trustee at Brain Tumour Research
- Jun 2024
- Kristina Kopic
Volunteering often brings unexpected rewards and new perspectives. To mark Volunteers’ Week, I spoke to Stuart McKay, Audit Partner at MHA, about his first trustee role. For Stuart, stepping into the role of a trustee at Brain Tumour Research was both a professional and personal milestone. Stuart’s story is a testament to the transformative power of volunteering and the impact one can make, even in uncharted territories.
Volunteers’ Week 2024: getting in on the action
- Jun 2024
- ICAEW Insights
Volunteering for worthwhile causes is all about attitude. We meet volunteer Beverley Turner, Almoner and Chair of the Trustees at the Chartered Accountants’ Livery Company, and find out how others can take part.
Ensure that your trustee decisions are legal
- Apr 2024
- Kristina Kopic, Head of Charity and Voluntary Sector
This article provides a guide on how to navigate decision-making within charities. From understanding how the charity’s legal structure and governing document impact decision-making, to documenting decisions in compliance with charity regulation and law, this guide aims to equip you with the knowledge necessary to make informed and legally sound decisions.
State of the sector what is the outlook for charities
- Apr 2024
- Kristina Kopic, Head of Charity and Voluntary Sector
Drawing insights from recent reports and analyses, this article provides an overview of the current state of the charity sector and offers advice on how to respond to the key challenges currently facing charities.
Charity banking obstacles reach crisis point
- Apr 2024
- ICAEW Insights
Difficulty opening accounts, accounts being frozen or closed without warning, inadequate customer service, high charges and lengthy delays in implementing new mandates among list of complaints.
Charity Digital Skills Report survey
- Apr 2024
- Zoe Amar
Does your organisation need support and funding for digital? Is your charity’s use of digital changing? Are you thinking about AI or worried about digital's impact on climate change? Share your views in The Charity Digital Skills Report survey. Your insights will help us map digital trends across the sector and identify where organisations like yours need support.
Start with 'Why': Top Tips for Effective Board Reports
- Apr 2024
- Kristina Kopic
Effective board reports enable informed decision-making and strategic alignment. However, crafting a board report that supports your board’s decision-making requires more than just compiling data and financial results. It demands communicating the report’s purpose clearly, understanding the requirements of the trustees, and anchoring the reports in the charity’s strategic priorities.
ICAEW pushes for charity audit threshold consultation
- Mar 2024
- ICAEW Insights
Call for review of charity audit thresholds as inflation drags many smaller charities into scope against a backdrop of harsh financial challenges across the third sector.
CC14 – refreshed investment guidance for charities
- Mar 2024
- Heather Lamont
In 2023, the Charity Commission for England and Wales published a refreshed version of its guidance on investing charity money (CC14).
Bringing disability access to all areas of business
- Mar 2024
- ICAEW Insights
From his successful finance career to a host of senior roles at charities for the disabled, Gordon Richardson has always had accessibility in mind – which has led to the award of an MBE.
Recruiting charity trustees – top tips for crafting a successful recruitment ad
- Mar 2024
- Kristina Kopic
Recruiting trustees is a crucial task for charities, as board members play a pivotal role in guiding the organisation, shaping its strategy and ensuring its mission is fulfilled effectively. However, many charities are hampered by board vacancies, so it’s never been more important to make your advertised role stand out from the crowd.
Navigating Donation Dilemmas: Charity Commission Guidance for Trustees
- Mar 2024
- Kristina Kopic
Trustees can find themselves facing tough decisions, including when it comes to accepting donations. The Charity Commission for England and Wales has recently issued guidance to aid trustees in navigating these challenging situations.
Budget 2024 – what’s in it for charities?
- Mar 2024
- Lourens Du Plessis
Facing continued economic challenges, an election on the near horizon and conflict in the Middle East and Ukraine, this was always going to be a challenging budget for the Chancellor. That did not stop the Chancellor from trying to pull some vote-winning rabbits out of the hat – although there was unfortunately little to benefit charities.
Registering and operating a charity: Links to a non-charitable organisation
- Mar 2024
- Daniel Warner
All applicants will be asked as part of the registration process to declare whether the applicant organisation is linked to or has been established by a non-charitable organisation. A charity may establish or maintain a close relationship with connected non-charitable organisations but these links need to be appropriately managed, can result in significant risks and can, in certain instances, impact charitable status. This article considers connected entities and what applicants will need to consider when submitting their application.
Charity Commission unveils new 5-year strategy
- Mar 2024
- Kristina Kopic
The Charity Commission recently published a forward-looking strategy designed to steer the Commission's regulatory efforts over the next five years.
Banking for charities
- Mar 2024
- Gareth Anderson
Demand for charity services continues to grow. Be it the cost-of-living crisis, rising mental health challenges or our ageing populations, charities are finding themselves under increasing pressure to deliver more for less. Given the challenges they currently face in doing vitally important work, you’d hope that accessing banking services would be straightforward for them. However, it’s becoming increasingly challenging for charity trustees to do so. But why?
UK charity accelerates philanthropy for climate change mitigation
- Feb 2024
- ICAEW Insights
By offering a portfolio of the best climate charities to support, the Global Returns Project is helping individuals and businesses make a measurable difference through their charitable giving.
Creating an accounting bedrock for charities
- Feb 2024
- ICAEW Insights
Bruce Gordon has recently been awarded an OBE for his philanthropic work. He believes accountants who volunteer for charities play a vital role in helping trustees care about the numbers.
How charities can face complex regulatory challenges
- Feb 2024
- ICAEW Insights
ICAEW’s Charity Committee Chair calls for more balanced and proportionate regulation as charities brace for a demanding year ahead.
Telling your charity’s story with impact
- Feb 2024
- Daniel Chan
2024 is likely to be a turbulent year so the need for charities to communicate what they do, why they do it and the difference they make continues to be important. The trustees’ annual report is a key part of a charity’s suite of communications and effective reporting helps to build trust. So, how can charities tell their story with impact?
Join us on 13 March for our Big Trustee Breakfast
- Feb 2024
- Kristina Kopic
Would you like to meet fellow charity trustees over breakfast and update your knowledge with 2.5 hours of verifiable CPD, all free of charge? Then join our London-based event for charity trustees!
Going beyond CC14: can you help create investment governance principles for the charity sector?
- Feb 2024
- Kristina Kopic
CFG has recently announced the launch of a new project which will develop principles for trustees and charity leaders.
Highlights from the 2024 Charity Conference
- Feb 2024
- Kristina Kopic
In January, we held our two-day virtual Charity Conference, one of ICAEW’s flagship events and a real perk of my job. Here are some of my key takeaways from the Conference.
CPD resources: supporting charity trustees
- Jun 2024
- ICAEW Insights
Accountants sharing their expertise as charity trustees need to understand the latest developments in charity accounting and governance. Find out more about ICAEW’s range of freely accessible CPD resources, including articles, webinars and online training.
Registering and operating a charity: Personal benefit and charity status
- Jan 2024
- Daniel Warner
Assessing the public benefit requirement is an essential part of any registration application. Personal benefit is an important part of that requirement and can come in various shapes and sizes. Applicants should in all instances consider the nature and scope of any personal benefit and how that impacts the organisation’s claim to charitable status. This article outlines the principles of personal benefit in more detail and what applicants need to consider when submitting their application.
The banking obstacles facing charities – why the charity regulators are speaking up
- Jan 2024
- Kristina Kopic
The banking challenges that charities face in their day-to-day operations have reached a crisis point, as we regularly hear from you. Now, the charity regulators have written a joint letter to the Chief Executives of UK Banks to request urgent action.
Displaying 1-30 of 142 results