Charity and Voluntary Sector

CC: The Charities Act 2006 creates a range of new accountancy & reporting provisions, many of which will be implemented later this year.  The Office of the Third Sector has launched a sector consultation to help decide how these changes will be implemented and supported by regulations.  

Key changes include:

This consultation closes 14 September 2007 and, subject to Parliamentary approval of the draft section 77 Order and draft 2007 Regulations, it is proposed that the changes take effect from 1 January 2008 and apply to the financial years of charities beginning on or after that date.

Press release ~ Relevant section of consultation ~ Full consultation (scroll down)

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