Charity & Not For Profit
The last number of years have proved to be very challenging for charities. Recent scandals damaged public confidence and as a result, reductions in public donations can be seen across the board.
Increased reporting requirements (e.g. SORP accounts required by funders, the Governance Code for Charities) have increased the pressure on organisations to deal with all of the regulatory requirements and continue to deliver a quality service.
Increased pressure from funders on non-grant monies means a reduction in core funding. Notwithstanding all of the above, the impact of the Covid-19 pandemic severely impacted vital/frontline services and significantly affected fundraising.
Why choose KSi Faulkner Orr?
We have extensive experience working with charity and not-for-profit organisations and have many clients in this sector, a lot of which are companies limited by guarantee with a significant number of members.
We understand the vital services that our clients in this sector provide and the difficulties they face, especially in the current environment. We also understand the obligations of entities in this sector to maintain transparency in their organisation and organisational reporting.
Because of our large client base in this sector, we can see trends emerging, challenges being faced and best practice being used. This knowledge allows us to best advise our clients.