Displaying 1-30 of 140 results
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
- Jan 2024
- ICAEW Insights
Accountants sharing their expertise as charity trustees need to understand the latest developments in charity accounting. 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.
CPD made easy: Helping you meet your 2024 requirements
- Jan 2024
- Kristina Kopic
While change is not always easy, it is our mission to make ICAEW’s new requirements for Continuing Professional Development (CPD) as simple as possible for you. CPD does not need to be taxing or costly. Here is a guide for how to meet your CPD goals for 2024 and document your learning throughout the year.
The Charity Community celebrates its first birthday!
- Nov 2023
- Kristina Kopic
At the start of 2023, the Charity Community became the new one-stop-shop for finance professionals in their roles as charity advisers, finance leaders and volunteers. With over 13,500 members and subscribers, we look back at the Community’s 2023 highlights and share our plans for 2024.
The Autumn Statement: What’s in it for charities?
- Nov 2023
- Lourens Du Plessis
While the Autumn Statement made little explicit reference to charities, its measures will be felt by the charity sector, whether that’s in increased wage bills due to the uplifted National Living Wage or the impact on demand from those that rely on charities’ services. Lourens Du Plessis, member of the Charity Community’s Advisory Group and Managing Director of Church and Charity Professional Services at Stewardship, shares his reaction to the Chancellor’s Autumn Statement.
Better Regulation: The charity perspective
- Nov 2023
- Kristina Kopic
The impact of regulation on our members and the wider economy is enormous. ICAEW’s Better Regulation initiative aims to help us assess whether the UK’s regulatory regime is “good enough” (we know it isn’t perfect) and how it might be improved, drawing on our experience and insights from ICAEW members. We now need your help to understand which areas of regulation are impacting charities the most.
Registering a charity: Upcoming CIO constitution changes
- Nov 2023
- Daniel Warner
As part of this series of articles, we have been covering common registration themes and issues. This article will update ICAEW Charity Community members about recent changes to our model CIO constitutions introduced by the Charities Act 2022.
Registering a charity: Getting it right – drafting charitable purposes
- Nov 2023
- Daniel Warner
Drafting your organisation’s objects comes with a reputation for being something of a fine art. That doesn’t need to be the case. This article will explain the fundamentals of charitable purposes and assist you in drafting objects that are exclusively charitable.
Celebrate Trusteeship. Share Your Story. Enter the Charity Governance Awards
- Nov 2023
- Renée LaDue
Charity Governance Awards are now accepting entries. Good governance should be celebrated, these awards aim to recognise and reward the charities and trustee boards for demonstrating excellence by shining shine a light on the people who make change possible day after day and showcasing the stories that demonstrate how effective governance can transform lives.
Cost-of-living crisis fuels charity fraud risks
- Nov 2023
- ICAEW Insights
As Charity Fraud Awareness Week 2023 kicks off, the latest Charity Fraud Report shows that instances of fraud across the sector continue to rise.
Displaying 1-30 of 140 results