Tuesday, 24 February 2015

Charity trustees warned over guidelines

The Charity Commission has been getting much tougher of late and has carried out a number of investigations in relation to financial matters which has led to them urging charities to report failings. It believes serious incidents are under-reported, preventing the Commission from assessing the true scale and nature of risks facing charities and putting some charities and their work at risk where the trustees need assistance to handle them.
Williams noted: “The Commission defines an incident as serious if it risks or results in significant loss of a charity’s money or assets, damage to a charity’s property or harm to a charity’s work, beneficiaries or reputation. The most common types of incidents reported include fraud, theft and safeguarding issues.
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