06 December 2017
The majority of charities are spending over the corporate average on their finance functions. Whilst on the surface this may appear positive, significant amounts are being spent on manual processing of transactions rather than strategic financial advice – presenting a perfect storm for the financial health of charities, warns RSM.
01 December 2017
Following legislation issued on 23 November 2017, charitable companies and Community Interest Companies (CICs) registered in England and Wales will be able to convert directly to a Charitable Incorporated Organisation (CIO) from 1 January 2018.
26 October 2017
In relation to the accounting for gift aid payments made, or expected to be made, from a subsidiary to its charitable parent, the FRC has published FRED 68 which proposes draft amendments to FRS 102 (Section 29 Income Tax).
26 October 2017
Overall, RSM is supportive of the amendments proposed by the Financial Reporting Council in FRED 68. However, we would like to see the scope extended to cover all scenarios where it is probable that a gift aid payment will be made.
Partner, Head of NHS
Audrey is part of our indirect tax team and helps to grow the government and public sector indirect tax business. She focusses on advising NHS, local authority and social housing clients on all aspects of VAT.
27 July 2017
Here our experienced education team provide a useful source of insight into recent developments and issues affecting the independent school sector and best practice advice to empower your school to meet future challenges head-on.
17 July 2017
Independent schools end of term report – summer edition.
13 July 2017
Nick Sladden, head of charities at RSM comments on the new Charity Governance Code.
15 May 2017
Following recent ransomware guidelines issued by the Charity Commission after Friday’s NHS malware attack, Nick Sladden, head of charities at audit, tax and consulting firm RSM, comments on why charities and not for profit organisations must not be complacent about cybercrime.