Knowledge Hub

Headlines in this edition:

• Concerns over fundraising from the public over the medium term as higher inflation and weak pay growth means that households will feel the squeeze
• Interest rates down to 0.25%
• While lack of pay growth has kept a downward pressure on wages charities should not depend on this over the long term

Within this great publication you will find technically-geared content, suggested template documents and stimulating discussion pieces that will assist your endeavours throughout the year.

Charity Finance Group, in partnership with Grant Thornton, has launched a free Apprenticeship Levy Guide for charities. The Guide clearly explains how the Levy works, how you can get the most out of your payments and how to make Apprenticeships work for your organisation.

Charity Finance Group (CFG), sponsored by MHA MacIntyre Hudson, have launched a new guide for trustees on their financial responsibilities. The guide is aimed to be a primer for new trustees and existing trustees that need to refresh their memories about their financial responsibilities.

The guide covers how trustees should approach financial governance in their charity, legal responsibilities, accounting and reporting requirements, financial strategy, policies and information, financial reporting, audits and independent examinations, regulators and law enforcement as well as key resources.

Charity Finance Group, in partnership with Buzzacott, Crowe Clarke Whitehill and Kingston Smith, has launched the General Data Protection Regulation: A guide for charities. The guide has something for every charity and is split into five parts; governance, fundraising data, financial data, beneficiary data and employee data. The guide is aimed at helping to build knowledge and understanding of what the GDPR is what responsibilities organisations have to be GDPR compliant and know what to do in light of a data breach. This guide is for anyone with responsibility for data management within their charity, from trustees, to finance directors, to volunteers.

MHA MacIntyre Hudson and Charity Finance Group (CFG) have launched a report on the effectiveness of trustees on financial governance. This report is based on a survey of over 120 trustees in charities, which was carried out before CFG’s 2017 Annual Conference.

This report highlights the lack of regular assessment of skills and competencies within trustee boards on financial governance, and warns against complacency within trustee boards on strategic financial governance.