'Little and often' is the key to complying with new SORP's trustees' report requirements
Don’t leave it until the end of the year to start work on complying with new Trustees’ Report requirements.
Avoid tears by getting to grips with the tiers
The new SORP marks a major shift in how charities must report their finances, with how much information your charity must disclose determined by a new three tier framework.
Academies Accounts Direction
The DfE have now released the Academies accounts direction 2025-2026 for accounting periods ending 31 August 2026, along with model accounts and the auditor framework and guide.
Reporting requirements in new Charities SORP shine light in importance of robust reserves policy
With new rules on the reporting of reserves contained in the new Charities SORP, it is more important than ever that charities’ reserves policies reflect their current needs.
Pressing need for charities to mitigate risks to financial resilience
With risks to financial resilience identified by the Charity Commission as one of the pressing issues facing charities, robust budgeting and quality information are key.
Bigger than expected increases in charity audit thresholds is good news
Significantly increased audit and independent examiner thresholds for charities are good news, will lead to reduced costs and make it easier for charities to grow.
How to ensure your christmas charity event is exempt from tax
With many charities planning Christmas fundraising events, it’s a good time to remember that such events can qualify for exemption from VAT and other taxes - but only if they fulfil some specific conditions.
Should charities get involved in cryptocurrencies
The growth of cryptocurrencies has presented trustees with a new dilemma.