Charities Update: The Charities Regulatory Authority Publishes Guidance For Charities

Author:Mr Edward Gleeson, Kevin Hoy, Emma Lawrence and Alice Murphy
Profession:Mason Hayes & Curran
 
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Two guidance documents published by the Charities Regulatory Authority (the "CRA") in recent weeks are essential reading for trustees and managers of charities. The two guidance documents set out the duties of charity trustees and provide useful advice on internal financial controls for charities.

On 21 July 2017, the CRA announced the publication of two guidance documents. The first guidance document, Guidance for Charity Trustees, accessible here, will assist trustees to better understand their duties. The second guidance document, Internal Financial Controls Guidelines for Charities, accessible here, provides helpful advice in relation to the internal financial controls that charities should consider implementing. This ezine summarises the contents of these documents and highlights their importance for charity trustees.

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