Charity current issues

No sectors are immune to fraud and the charity & not-for-profit sector is no different. In fact, charities can sometimes be seen as soft targets and the cost of fraud in the UK charity sector is staggering.

• Fraud in Charities; The Price, Detection and Prevention

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Trustee recruitment is arguably one of the most important governance challenges that any board at a charitable organisation is likely to face. In an article we recently published we answered some of the frequently asked questions around trustee recruitment e.g. where should I look to recruit new trustees? can I use social media to advertise trustee roles?

• A guide to trustee recruitment

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The news that Kids Company has closed down is a devastating blow to everyone involved. Following the closure we spoke to Hawsons’ three charity partners, Paul Wormald, Richard Burkimsher and Simon Bladen to get their thoughts on what lessons trustees can learn from the Kids Company collapse. In this second article, we put finances to the side and focus on the non-financial lessons for trustees following the charity’s closure.

• Q&A: Lessons for trustees after Kids Company closure
• Non-financial trustee lessons from Kids Company closure

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On 23rd June 2016 the UK voted to leave the European Union. From the argument over selling bendy bananas to the threat of an emergency Budget, the EU referendum campaign has undoubtedly had its share of the headlines over the past couple of months. The biggest headline now though is of course that the UK has voted to leave the EU.

Most charities will be rightly concerned about any negative impacts to the UK economy that Brexit will bring and how that will in turn impact the charity sector. We have produced an article that looks at how charities could face a triple setback, with potential falls in donations, cuts in government funding and the loss of EU funding. On the flip side, we also look at how an exit from the European Union could bring about some positive changes for charities and not-for-profit organisations.

• What does Brexit really mean for you?
• Brexit: significant implications for the charity sector?

For more information please get in touch.

Do you know about the changes arising from the implementation of the two new versions of the Charities SORPs? Both are effective from accounting periods commencing on or after 1 January 2015. Our expert charity accountants can help.

For more information please get in touch.