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8 November 2010
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The Accounting Standards Board has finally published its draft proposals for new accounting standards, and among them is likely to be a new standard for organisations that provide public benefit. This is good news for the charity finance profession, as the anticipated 'high-level' nature of the standard should leave plenty of room for the Charities Sorp to develop its application for the sector.

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Ray Jones

Public benefit entities set to get their own accounting standard

 

The Accounting Standards Board has decided to create an accounting standard for charities and other public benefit entities, as part of its work to harmonise UK accounting standards with international ones.

Nick Hurd

BIG chosen to deliver £100m Transition Fund

 

The BIG Fund will distribute the grants from the new £100m Transition Fund that aims to help small and medium-sized charities in England weather the looming public spending cuts.

Empty purse

Voluntary sector has lowest pay rises, says new research

 

The voluntary sector has had the lowest median pay rise over the past year, according to XpertHr's annual review of pay trends.


GAM
Cuts

Cabinet releases best practice guide for limiting council cuts to civil society

 

Nick Hurd has announced the release of a best practice guide designed to help councils limit the effect of spending cuts on civil society, at the Navca conference in Bournemouth.

O2 Arena

Social Enterprise Coalition starts new partnership with O2

 

The Social Enterprise Coalition has started a partnership with the O2, which will see its annual conference, Voice11, held at the arena next year.

Business in developing countries

Dfid launches consultation to increase private investment in development

 

The Department for International Development has opened a consultation on the future of its CDC development finance institution, in an effort to increase private investment in development work.


Civilsociety.co.uk
In other news...


Big Society Bank will concentrate on youth projects, says children's minister

Chidren's minister Tim Loughton has confirmed that the majority of funds in the Big Society Bank will be used to fund youth projects.

Harrow Council to review public funding for the voluntary sector

Harrow Council has launched an investigation into the use of public funds for the voluntary sector in the wake of a financial scandal at a major charity in the borough.

Small community charities see 20 per cent drop in reserves

Small community groups had on average a 20 per cent drop in reserves last year, new research shows.


Nationwide Foundation to offer free consultancy to grantees

The Nationwide Foundation has joined forces with the Cranfield Trust to offer organisational support to ten charities already funded by Nationwide.

Survey


Double dip

Fund Management Survey: Investors fear a double dip

 

The Charity Fund Management Survey 2010 provides a comprehensive overview of the main fund managers serving charity clients, together with the year-on-year movement in their charity funds under management, the sizes of funds of their segregated charity clients, their charging structures and a good deal of analysis of their views on markets.

Opinion


CFDG annual dinner

Apocalypse now? - FD's face a tough time ahead

 

Ian Allsop provides an overview of the CFDG annual dinner and assesses that diners enjoy what's on their plates despite talk of lavish cuts.

Blog


Dick Turpin

Highwaymen of the Big Society

 

Gordon Hunter worries that the Lottery's new £200m Big Local Trust will reduce even further the grants available to the grassroots.




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Did you know...

66 per cent of all sector income is controlled by one per cent of charities


(Source: Charity Commission)


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Civil Society eNews Contacts

Tania Mason, editor, 020 7819 1214,
tania.mason@civilsociety.co.uk

Phil Bishop, online advertising, 020 7819 1215,
phil.bishop@civilsociety.co.uk

Niki May Young, website editor, 02078191206,
nikimay.young@civilsociety.co.uk