IFS 2017 Green Budget – the good, the bad, and the worrying?

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February 10, 2017 at 14:41

On Tuesday I attended the Institute for Fiscal Studies (IFS) Green Budget for 2017. This is an annual event where the IFS looks at economic issues facing the Chancellor before his first Spring Budget in on 8 March 2017 (CFG will be Live Blogging on the day).

You must not miss your chance to shape the next SORP

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October 27, 2016 at 16:10

The next SORP. I know that most charities don’t want to even think about it, but the fact is that the SORP 2015 will not last forever. Soon the Financial Reporting Council will be considering what the changes are to be made to the FRS (Financial Reporting Standards) and a new one will be unveiled in 2019.

CFG’s SORP Survey

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June 21, 2016 at 12:56

In our previous blogs about the SORP CFG encouraged charities to be actively engaged in the consultation. It is important that charities help to shape such an important regulation document, especially during this current climate.

EU Referendum: What could this mean for charities?

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June 6, 2016 at 17:10

As the 23rd June appears closer and closer this Europe’s Final Countdown song has never felt more relevant as the UK public decides whether they will be voting to remain or leave European Union (EU).

Another day, another opportunity for charities to engage in a consultation

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May 24, 2016 at 10:32

Just like buses, you wait around for one consultation from the Charity Commission and then you’re surprised by two turning up together. On the 19th May the Charity Commission (in partnership with the OSCR and CCNI) has announced an invitation to comment on the way charities report matters of material significance to a UK charity regulator.

Is the SORP FRS 102 working for you?

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May 5, 2016 at 17:46

On the 4th May the Charity Commission for England and Wales and the Office of the Scottish Charity Regulator (OSCR) published a research consultation on charities Statement of Recommended Practice (SORP) FRS 102.

Which SORP is right for you?

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April 5, 2016 at 17:05

Helena Wilkinson of Price Bailey weighs up the benefits and challenges for smaller charities that are deciding which SORP they should use, and provides some practical advice.

What did the Romans ever know about data protection?

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January 19, 2016 at 17:33

As usual, quite a lot. Caesar famously used his cipher device to protect important and sensitive military data among his generals. So what can we learn from the famous Roman?

Audit or independent examination?

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June 15, 2015 at 14:57

In light of recent changes to audit thresholds, John O’Brien from Community Accounting Plus discusses the options now available, and things you should consider.

Audits, thresholds and transparency

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January 30, 2015 at 11:34

Last week, the Cabinet Office consultation on the future of the audit threshold for charities concluded. Charity Finance Group, in partnership with NCVO, responded to the consultation on behalf of members. Audits are an important part of the regulatory landscape for charities, and the government has proposed lifting the threshold for which charities have to have their accounts audited from £500,000 to £1m. We have supported this move, in line with responses from members to a previous consultation which proposed lifting the audit threshold. For many small and medium sized charities, audit costs can be significant and may not be […]