CFDG welcomes Transparency and Accountability Study
Howard Lake | 5 July 2004 | News
The Charity Finance Directors’ Group (CFDG) has welcomed the Transparency and Accountability study from the Charity Commission and believes it will be helpful to finance directors.
The study will help charities to review critically and improve their Annual Reports and Accounts.
Release of the study is timely, say CFDG, coinciding with the announcement of the new proposed Statement of Recommended Practice for Reporting and Accounting by Charities (SORP). It will help reviewers of the new SORP to understand the reasons for many of the changes in it and comment on it appropriately.
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CFDG Chief Executive Shirley Scott said: “Charities are being encouraged to provide more information through their Reports and Accounts and this study provides ./guidance on how to do that effectively”.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.