Charity commission figures incorrect - AccountingWEB
...Charity commission figures incorrect What should accountant or trustees do? I'm doing an independent examination on a charity who have incorrectly reported their figures on charities commission for income and expenditure - they were reported as received in bank....
https://www.accountingweb.co.uk/any-answers/charity-commission-figures-incorrect
Charities: Independent examination and audit - AccountingWEB
...The Charity Commission for England and Wales has issued guidance in the form of Independent examination of charity accounts: Directions and guidance for examiners (CC32) which applies mandatorily for independent examiner?s reports signed by the examiner and dated on or after 1 December 2017....
https://www.accountingweb.co.uk/business/financial-reporting/charities-independent-examination-and-audit
Commission reviews charity annual return 2018 - AccountingWEB
...The Charity Commission for England and Wales published the outcome of (and its responses to) its recent Annual return 2018 consultation on 2 January 2018. Changes apply to charities? financial years starting on or after 1 January 2018 and are predominantly around how information is to be gathered from charities ? namely:...
https://www.accountingweb.co.uk/business/finance-strategy/commission-reviews-charity-annual-return-2018
Change in charity audit thresholds explained - AccountingWEB
...The government has announced plans to double the audit threshold for charities after a recent Cabinet Office consultation. Charity specialist at Clement Keys Ranjit Kang explains what this means for charities. Under these changes, organisations with an income of less than £1m will no longer be required to have their financial statements audited. The proposed changes, in effect as of 31 March ......
https://www.accountingweb.co.uk/business/finance-strategy/change-in-charity-audit-thresholds-explained
Big Changes for Small Charities: What Smaller Charities Need to Know ...
...During a recent Charity Finance Group roundtable, which Aedon.Accounting attended, there was strong support for developing a shorter, small-charity-specific version. We?re watching to see if the committee acts on this feedback....
https://www.accountingweb.co.uk/community/industry-insights/big-changes-for-small-charities-what-smaller-charities-need-to-know
How to amend submitted accounts at Charity Commiss
...Please could anyone advise if accounts at Charity commission can be amended? If so what is the procedure? Thanks...
https://www.accountingweb.co.uk/any-answers/how-to-amend-submitted-accounts-at-charity-commiss
Anybody making sense of the new Charity portal? - AccountingWEB
...Charity Commission new portal takes "merry go around" to new dizzy heights. If you are thinking of filing any accounts for your charities with the Charity Commission then get the trustees into action sooner rather than later. If they haven't already done so they'll need to set up a new account and then grant various accesses to individual users....
https://www.accountingweb.co.uk/any-answers/anybody-making-sense-of-the-new-charity-portal
Simplifying the Charity SORP ? Insights from the CEO of Aedon ...
...The Charity Commission should challenge itself to ask whether the benefits of the SORP outweigh the very real costs. 2. Recognise the Skill Levels of the Readers Most charities are staffed by volunteers or underpaid full-time staff. They are not the accounting prize winners who the SORP appears to have been written for....
https://www.accountingweb.co.uk/community/industry-insights/simplifying-the-charity-sorp-insights-from-the-ceo-of-aedonaccounting
The 2026 Charity SORP: What Finance Professionals Need to Know
...For accountants working in or with the charity sector, the 2026 Charity SORP introduces a wave of change that demands both technical rigour and strategic foresight. Major Changes Incoming The draft SORP?currently in consultation?introduces a proportional reporting framework aligned to four new tiers. It?s a pragmatic response to sector diversity, aiming to ease compliance for smaller ......
https://www.accountingweb.co.uk/community/industry-insights/the-2026-charity-sorp-what-finance-professionals-need-to-know
UK Charity - Is Property Revaluation Mandated? - AccountingWEB
...UK Charity - Is Property Revaluation Mandated? Market value of freehold property now 100 x original cost, but still held at purchase price A charity acquired a large premises in the UK 50 years ago and it's in use daily. However, it keeps the asset on the balance sheet at cost. I do not believe this is a "true and fair" picture of the balance ......
https://www.accountingweb.co.uk/any-answers/uk-charity-is-property-revaluation-mandated