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Charity Finance Professionals Community articles

The latest articles for Charity Finance Professionals Community members.

Double scrutiny: the value of impact audits

14-09-2022

The Furniture Resource Centre (FRC) Group is a charitable social enterprise with a mission to end furniture poverty. Unlike most other charities, the FRC Group goes the extra mile by seeking independent assurance of its impact report which forms part of the charity’s annual report.

Autumn charity event series

We are delighted to offer you two charity-specific half-day events this autumn. This includes a technical update and an event specifically designed for trustees and advisors of smaller charities, bringing the topics that you have most requested to your virtual doorstep.

How will the new Prime Minister’s response to the cost-of-living crisis shape the future of the UK charity sector?

As Liz Truss and her Cabinet are outlining their plans to tackle the cost-of-living crisis, many charities are struggling to cope with increasing costs and demand on their services. We’ll explore how the government can best support the charity sector and encourage charities to engage with policy makers.

Cost-of-living crisis hits charity sector hard

01-09-2022

Double whammy of increased demand and cost pressures including inflation, rising energy bills and falling donations mean charity leaders will need strong financial management and ingenuity to survive.

Small Charity Week 2022 (20-24 June)

08-06-2022

Small Charity Week is an opportunity for small charities to connect and to celebrate their impact. As an annual campaign, delivered by the FSI, NCVO, NAVCA and Local Giving, it celebrates the achievements and contributions of small charities to communities, encourages public giving, and aims to develop political engagement.

Are there reasons for charity accountants to feel positive about tax?

08-06-2022

Are you a glass half full or a glass half empty person? I imagine that many of us who are chartered accountants would have to say that our training encourages us to be more ‘half glass empty’ than ‘half glass full’! The Chancellors’ Spring Statement may have given us a perfect opportunity to test that out for ourselves.

How good is the Finance Function in your Charity?

08-06-2022

Every charity will require a finance function whether it be a volunteer, outsourced or an in-house team. If you were to grade your finance function on a scale from poor to great, where would it sit? The question may be difficult to answer without determining what ‘Great’ looks like.

The vision for volunteering in the decade ahead

08-06-2022

Volunteering is changing, not just because of the tremendous community response to COVID-19 with many first-time volunteers, but also because the demand for less formal volunteering is growing. A great opportunity to take a wider perspective: What is the sector’s new vision for volunteering?

Why charities must embrace ESG reporting

07-06-2022

Higher levels of ESG reporting in the charity sector will help to support accountability, best practices and access to finance, explain Nick Sladden and Carys Tetlaw of RSM UK.

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