Governance, legal and compliance

All too often, the main reason behind failure within the charity sector is poor governance. Trustees are ultimately responsible for the functioning of the charity, but regularly turn to finance professionals for support.

Charities are also subject to a range of regulations which are unique to them, so all charities need to understand the rules and put in place systems to ensure compliance. Breaching rules can put funding at risk, lead to the loss of banking services and damage the reputation of the charity.

While this may sound very serious, it’s our role to assist charities to navigate complex rules and manage risks. That’s why we’ve developed a range of information and courses to help your charity develop confidence when it comes to governance and regulation.

 

Charities Act Implementation Plan
13 April 2022
Government explains how the Department for Digital, Culture, Media and Sport will implement the Charities Act 2022.

Spring Statement 2022: CFG reacts
23 March 2022
Caron Bradshaw responds to today's [23 March 2022] statement from Rishi Sunak MP, Chancellor of the Exchequer.

CFG appoints two new Trustees
12 February 2022
CFG's Chair Gary Forster welcomes Mwiza Mkandawire and Kelly Ryder.

The power of partnerships
31 January 2022
CFG publishes its Trustees’ Annual Report and Financial Statements for 2020/21 and reflects on the power of partnerships during a challenging year.

CFG Annual Conference gets off to a flying start
11 October 2021
Helen Stephenson, CEO of the Charity Commission, sets out the Commission's role as “guardians of legitimacy".  

CFG responds to first ever consultation on developing global financial reporting standards
12 August 2021
CFG urges members to get involved in Part Two of IFR4NPO's consultation on international reporting.

CFG responds to government consultation on restoring trust in audit and corporate governance
13 July 2021
Large charities back CFG’s call for proportionate reporting and auditing laws.

CFG joins with partners to produce Charities Bill briefing
7 July 2021
Charity Finance Group partners with sector to produce Charities Bill briefing paper for Peers.

CFG calls on Charity Commission to go further on responsible investment
20 May 2021
Read our response to the Charity Commission's Responsible Investment Guidance Consultation.

Caron Bradshaw appointed as a member of new SORP Committee
13 February 2020
Caron Bradshaw, CEO at Charity Finance Group has been appointed as a member of the new SORP Committee. 1.0.0.20 1.0.0.20

Civil society asks of the Spending Review 2019
3 September 2019
Charity Finance Group and sector bodies write to the Chancellor before the Spending Review.

BEIS Review of the Financial Reporting Council
19 June 2019
Initial Consultation on the Recommendations

New report raises concerns about complacency on financial governance
13 November 2017
A report from MHA MacIntyre Hudson and Charity Finance Group based on a survey of over 120 trustees has raised concerns about complacency on financial governance within charities. These concerns ...

Three new Charity Finance Group trustees elected
13 September 2017
Charity Finance Group members have elected three new trustees to replace Diane Bassett, Kevin Barnes and Ian Theodoreson who have stood down after reaching their maximum six years on the ...

ACF, CFG and NCVO raise concerns on draft guidance for funding non-charities
19 April 2016
Draft guidance from the Charity Commission, entitled 'Grant funding an organisation that isn't a charity' states that an organisation must not fund the 'core costs (or overheads) of a non-charity'. ...

Public divided on charging charities for charity regulation, new report finds
16 January 2016
Research by University of Kent for CFG finds public divided on whether charities should contribute to regulator. Broad support by both regular and non-regular donors for a well-resourced and independent ...

Access Insurance
Access are specialist insurance advisors to the Third Sector. 15,000 clients benefit from professional insurance advice and quality cover, tailored to meet their needs. Are you paying for more than ...

Adapta Consulting
As leading independent IS consultants we provide NFPs with tailored advice and guidance to develop the key areas to achieving strategic and operational effectiveness - Processes; through business development. People; ...

Audere
Charitytransfers.org is a social division of a regulated, independent risk management consultancy, Audere. Their aim is to provide INGOs with the expertise necessary to improve financial governance toward international funding ...

Bates Wells & Braithwaite London LLP
Bates Wells is ranked by Chambers and Legal 500 as the leading charity and social enterprise lawyers in the UK. Our lawyers are personally committed to the charity sector – ...

Beever and Struthers
Our client base of over 150 charities and other not for profit organisations - from small local concerns to large national names – benefit from our core services of External ...

Bishop Fleming
Bishop Fleming is a leading accountancy firm based in the South West and Midlands. Recognised nationally as a Top 30 Charity Audit Firm by the Charity Finance League Table, Bishop ...

Brewin Dolphin
Our charity specialists, located across the UK, are dedicated to charity investment management. Our service is designed to provide the investment returns sought by your investment strategy, and to enable ...

Cooper Parry
Our dedicated NFP team advises charities and other not-for-profit organisations. We recognise every organisation is different and provide a bespoke service to match. Our services include external audit, regularity assurance, ...

Farrer & Co LLP
Farrer & Co is synonymous with the highest quality legal advice and service. We advise individuals, not-for-profit organisations, businesses, financial services and educational organisations on every aspect of the law. ...

haysmacintyre
haysmacintyre is an award winning firm of chartered accountants and tax advisors, with 35 partners and over 300 staff. Our award winning charities and not for profit team is one ...

HCR Hewitsons
The Charities team at HCR is fully immersed in the charities sector– so much so that we’re involved in specialist professional groups and run events for charities to share their ...

Hempsons
As a top 10 specialist legal advisor to the UK’s top charities, our team has worked with this sector for many years and advises on all aspects from start up ...

HW Fisher Service Limited
HW Fisher works with 300 charities and not for profit organisations providing expert accountancy, audit, tax and advisory services to organisations of all types and sizes. Our reputation is grounded ...

IBB Solicitors
IBB Solicitors’ team of specialist charity lawyers are experienced in delivering practical commercial advice across all areas of the law to charities, not-for-profit organisations and those who work within the ...

Insignis Cash Solutions
Through our platform, you can access over 30 banks and building societies with competitive interest rates, all from a single sign up. This enables you to maximise returns whilst simultaneously ...

James Hambro & Partners
James Hambro & Partners provides investment management and financial advice to UK and international charities. We’re owned by our executive partners and staff, so have the independence to focus on ...

Menzies
Menzies LLP are accountants and strategic business advisors committed to bringing #BrighterThinking to your organisation. This approach is more than just balancing the books; it’s the difference we make to ...

MHA
Our insight into the Not for Profit sector is extensive; collectively MHA members are able to draw from the experience of over 1600 clients in the sector and 21 charity ...

Mills & Reeve
Our charities team is part of a full service firm with broad experience across the commercial sector and international markets. This means you get complete answers and best practice from ...

PIB Insurance Brokers
PIB Insurance Brokers specialise in providing forward thinking insurance and risk management solutions to charities. We act for a significant number of not-for-profit organisations throughout the UK. We seek to ...

Price Bailey
Price Bailey currently acts for over 400 charities and not-for-profit organisations. The Price Bailey service proposition is built around gaining a detailed knowledge of you and your business, and our ...

PricewaterhouseCoopers
At PwC, our purpose is to build trust in society and solve important problems. We work together with charities across our five diverse lines of service: Audit, Consulting, Deals, Risk ...

RSM
With over 1,000 charity clients of all sizes and one of the largest specialist charities groups in the UK, our understanding and appreciation of the unique challenges in the Not ...

Russell-Cooke
Russell-Cooke is a top 100 law firm with 47 partners and 235 other staff offering services to individuals, businesses and charities.

Sayer Vincent
Sayer Vincent is the UK’s leading firm of award winning accountants and advisors specifically working for charities, not-for-profit organisations and social enterprises.

Smartdesc
Smartdesc offer technology partnerships to not for profits. They focus on IT Strategy, helping you build technology roadmaps and provide IT Support, Cyber Security & GDPR services, as well as ...

SmartSimple Software
Grant making solutions for charities who value security, good governance and compliance. SmartSimple Cloud solutions helps charities manage, track and report the impact of their grant making investments. The fully ...

Spence & Partners
Spence & Partners is a privately owned UK firm of actuaries, pension consultants that operate throughout the United Kingdom with a focus on providing advice with a personal touch to ...

The HR Services Partnership Ltd trading as WorkNest HR
Established in 2003 to provide smaller organisations within the charity sector with access to affordable, bespoke HR support, this remains our core purpose today. We support some 180 charities a ...

Utility Aid
Utility Aid helps charities to reduce their energy costs and carbon emissions. Awarded most Trusted Energy Consultancy 2018 and Trusted Supplier 2019, Utility Aid prides itself on our first-class customer ...

Wilsons Solicitors
Wilsons has one of the most highly ranked charity teams in the UK, advising over 580 charity clients on the complete range of legal needs. Our clients tell us that ...

Wrigleys
Noted for its “exceptionally high level of service, professionalism, integrity and knowledge”, Wrigleys Solicitors is a niche firm with 24 partners and over 170 staff which specialises in advising charities ...