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Charity Commission - new financial guidance documents published
The Charity Commission has published four new sets of financial guidance. The guides, on internal controls, insolvency, reserves and risk management, update existing guidance for charities. The document on internal controls, CC8, provides more information on electronic banking and safeguards against fraud. The guidance on reserves, CC19, contains more information about the factors that must be considered when deciding on a reserves policy. And the risk assessment guidance, CC26, contains new information about how to assess risk, including non-financial risk. Andrew Hind, chief executive of the commission, said: "In an uncertain economic climate, it is more important than ever for charities to review and actively manage the risks they face. Regardless of a charity's size, this revised guidance is something for all trustees to read."
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Social Enterprise Online Toolkit
Business Link in London has developed a comprehensive, online Social Enterprise Toolkit to provide support and guidance to new and established ventures in setting up and running a social enterprise.
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