Interim Reporting Requirements
The Charity Commission has launched its interim reporting requirements for those charities that have registered with the Commission.
The new regulations will not therefore apply to all charitable organisations. Essentially, registered charities will be required to submit an annual monitoring return along with their annual accounts to the Commission within ten months of the charity’s accounting period.
It is anticipated that the full accounting and reporting requirements will be in force from January 2015, after the Department for Social Development carries out its consultation.
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