The UK Charity Commission has published some revised guidance for UK charities on risk management, financial difficulties and insolvency, financial reserves and internal financial controls. While UK law is not identical to Canadian law these documents provide very helpful information for Canadian charities.
The four sets of guidance are located on the Charity Commission website:
Charities and Risk Management (CC26) http://www.charitycommission.gov.uk/Publications/cc26.aspx
Financial Difficulties and Insolvency (CC12) http://www.charitycommission.gov.uk/Publications/cc12.aspx
Charities and reserves (CC19) http://www.charitycommission.gov.uk/Publications/cc19.aspx
Internal Financial Controls (CC8) http://www.charitycommission.gov.uk/Publications/cc8.aspx
Related Posts
December 9, 2019
Donor Advised Funds can have greater secrecy – it can also be a problem
Donor Advised Funds are registered charities in Canada that allow a donor to donate to the charity but the donor retains the ability to recommend…
December 6, 2019
Upcoming Webinars for the Canadian Charity Law Association
The Canadian Charity Law Association is delivering some upcoming webinars. Registration is free but space is limited. Topics are subject to change.…
November 30, 2019
It is giving season time again – some thoughts on effective giving
It is now the giving season. We will hear lots from charities on Giving Tuesday and perhaps you will be inundated with too many emails on Giving…