Supporting small and medium sized charities across Scottish Mainland the the Islands
Introduction: Managing charity accounts can be a daunting task, especially when ensuring compliance with the Office of the Scottish Charity Regulator (OSCR) standards. At the Charity Finance Office, we understand the unique challenges charities face in maintaining transparent, accurate, and compliant
If you’re involved in managing a Scottish charity, it’s essential to ensure that the trustees are up to date. Trustees play a crucial role in guiding the charity’s operations, safeguarding its assets, and ensuring it complies with legal requirements. Here’s
As the financial landscape for charities continues to evolve, understanding the specific challenges and strategies for effective financial management is crucial. Our recent study delved into the financial management challenges within Scottish charities, offering insights that are vital for enhancing
For charities operating in Scotland, adhering to the Statement of Recommended Practice (SORP) is essential for maintaining transparency and accountability in financial reporting. The SORP framework ensures that charity accounts are prepared in a consistent manner, providing a true and
For charities operating in Scotland, the regulatory requirements for financial scrutiny are critical to ensuring transparency and maintaining public trust. Depending on a charity’s income and structure, different levels of external scrutiny—namely independent examination or audit—may be required. This article
Running a charity in Scotland involves several important regulatory requirements, one of the most critical being the timely filing of annual accounts. For charities registered with the Office of the Scottish Charity Regulator (OSCR), understanding when and how to file
Filing charity accounts with the Office of the Scottish Charity Regulator (OSCR) is a critical process for ensuring transparency and compliance with Scottish charity law. While OSCR encourages the use of their online services for submitting annual returns and accounts,
Filing a charity’s accounts with the Office of the Scottish Charity Regulator (OSCR) is a crucial responsibility for trustees. Ensuring timely and accurate submission helps maintain transparency, accountability, and public trust in your charity. This article provides a comprehensive guide
Gift Aid is a valuable tax relief scheme that allows charities in the UK, including Scotland, to increase the value of donations from UK taxpayers by 25%. This means for every £1 donated, charities can claim an additional 25p from
One common question that arises when discussing the governance of charities in Scotland is whether charity trustees can be paid for their services. Understanding the rules and regulations regarding trustee remuneration is crucial for ensuring that your charity remains compliant