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This exposure draft for PN 11 has been produced due to changes to the legislative and regulatory framework and developments in account and audit framework, including the new Charities SORP FRS 102. Our response draws from the experience and knowledge of the auditors and accountants in CFG’s Technical Accounting Forum.
As part of its Small Charities Programme, funded by Esmée Fairbairn Foundation, Charity Finance Group has released a report on the state of small charity accountancy and support service providers such as community accountants and Councils for Voluntary Services.
Leaving EU could ‘unlock financial resources and cut red tape'
‘Clean Brexit’ poses ‘less risk’ to voluntary sector than remaining in the Single Market and customs union
Reducing tax burden on charities could create 50,000 more jobs
Charity Finance Group (CFG) has launched a guide to help small charities counter fraud. The guide, The Small Charities Guide to Preventing Fraud looks at measures that charities can put into place to help them stop fraud.
Just 9% of British adults believe that disadvantaged people and communities are one of the government’s top three priorities in the Brexit negotiations.
This compares with 54% who believe that British business is a top-three priority and 43% that wealthy people and communities are a top-three priority.
More of the public believed that foreign-owned businesses were a top-three priority (35%) compared with charities and voluntary organisations which work on behalf of the public (5%).
