CIPFA Consultation
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CIPFA has issued a consultation document on the role of the Head of Internal Audit in Public Sector Organisations. Consultation remains open until 10 September 2010. Chris Baker will be preparing a collective response on behalf of the IIA. A copy of the IIA response form is here, and the consultation document is here. |
IIA Annual Conference
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The Institute of Internal Auditors' annual conference will take place 13 - 14 October 2010. Read more about "The time is now - seize the moment for you, your organisation and your profession" by clicking here. |
HR Conference
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Russell-Cooke Solicitors has announced its conference "HR Challenge and Change: Building Resilience in a Difficult Economic Climate." This will take place on Tuesday 28 September at Holborn, London. This is aimed at Charities, Housing Associations and Third Sector organisations. View the conference invitation.
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Phasing Out of Cheques
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The target date for the phasing out of the use of cheques as a method of payment is 31 October 2018. This page on the Charity Commission website has information about how to get involved in the consultation on the abolition of cheques.
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Emergency Budget 22.6.2010
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Chantrey Vellacott DFK has issued an analysis of the emergency budget and this is avaialble on their website at this page.
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Charity Commission - CC8
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In June 2010 the Charity Commission published its updated CC8 - Internal Financial Controls for Charities document. This can be accessed here, and a self assessment checklist is available here. |
Charity Commission - CC26
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Also in June 2010, the Charity Commission updated its guidance CC26 - Charities and Risk Management. This is available here. |
Charity Commission - Scam Alert
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The Charity Commission has been made aware of a scam involving people being telephoned by individuals claiming to represent the Charity Commission. In the phone calls these individuals claim to be from the "debt collection department" of the Commission and they demand payments for various services and advertisements.
Some of the bogus calls have demanded payments of thousands of pounds for various services and advertisements. The Commission has been contacted by a number of people who have received calls of this nature and has already reported this matter to the police.
The Charity Commission would like to be informed where its name is being used for suspected fraudulent purposes. |
Reporting of Trustees' Expenses
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The Charity Commission page commenting on the reporting of trustees' expenses in annual accounts, and controls over expenses, is available here. |
UK Corporate Governance Code Reforms
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The Financial Reporting Council issued a consultation paper on the revised Corporate Governance Code in November 2009. The consultation deadline passed on 5 March 2010 but a press release and associated documents are available here. |
Charities Back on Track
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The report "Charities Back on Track: Themes and Lessons from the Charity Commission's Compliance Work," 2007-8, can be downloaded here. |
Charity Fraud Survey
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The Fraud Advisory Panel and Chantrey Vellacott DFK will shortly be writing to sending a postal survey to a number of charities in order to improve the amount of information available about how fraud affects charities. More information is available in this document.
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Substantial Donors
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HMRC has recently published a summary of the responses following its consultation on Substantial Donors. The summary can be downloaded here. |
Dormant Bank and Building Society Accounts Bill
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NCVO has published a briefing paper on this Bill. The document can be downloaded here. |
Diploma in Charity Accounting
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The Diploma in Charity Accounting (DChA) is awarded by the Institute of Chartered Accountants in England and Wales (ICAEW) and is a specialist qualification that acknowledges expertise and experience in charity accounting and finance. This qualification can be obtained through study, but for a short time only there is an opportunity for senior professionals with extensive relevant experience to obtain the qualification through experience only. Download this paper for more details. |
Charities Internal Audit Survey
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Charities Internal Audit Survey
In September 2006 CIAN contacted its member charities and all other top 350 charities to find out how internal audit is operated and resourced in charities. The survey covers:
- How the internal audit function is resourced
Risk management
The scope of internal audit
The reporting structures for internal audit
The impact of internal audit and how it could be made more effective
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NHS Counter Fraud Resources
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Many thanks to John Baker for providing the following useful links:
Business Process Model for Countering Fraud
Professional and ethical approach to Fraud Prevention
Applying Sanctions Consistently
Identify the scale and nature of the problem
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New Fraud Reporting Rules
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APACS has issued new rules for reporting fraud following the 2006 Fraud Act. See this press release. |
HMRC One-Stop Shop for Charities
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Her Majesty's Revenue and Customs now has a page dedicated to charities, where all its charity-specific resources can be accessed. Click this link |
Audit Risk & Fraud Guidance
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Press Release from APB re Audit Risk & Fraud Guidance for charity auditors here
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| Guidance for audit committees |
Both IIA and ICAEW have issued guidance for audit committees. The subjects covered are: Working with internal audit, The internal audit function, Whistleblowing arrangements and monitoring the integrity of your finacial statements. These documents are available for download here: |