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The Fundraising Regulator has concluded from its latest review that charities need to more fully comply with audit rules.

28th October 2020

On the 14th September 2020 the Fundraising Regulator published its latest review into the extent to which charities report about their fundraising practices in their annual report.

It found that 85% of charities report on at least one of the audit requirements. However, only 21% provided all of the required information and 15% reported on none of the requirements.

This is the second review of this kind and the Fundraising Regulator concluded that very little improvement had been made in the last year. The areas that were particularly lacking in information were activities carried out by third parties on their behalf, their commitment to voluntary regulations, complaints reviewed and what they were doing to protect vulnerable people and the public during fundraising.

The Fundraising Regulator has updated its guidance on the requirements in the hope that this will encourage charities to fully address all the requirements in their future annual report.

  • Charity registration
  • Restructuring
  • Governance and constitutional issues
  • Trustees' duties and responsibilities
  • Mergers and joint working
  • Commercial contracts
  • Company law and company secretarial
  • Regulations and compliance
  • Strategy and sustainability
  • Funding