Insight / Fraudulent miners’ charity trustee ordered to repay over £200K

A former union official who was a trustee of a miners’ charity and used its funds to pay for private building works has been ordered to repay over £200,000 following a Charity Commission investigation, which highlighted concerns over risks that can arise from charities being closely linked to a non-charitable organisation

Insight / Charity faces investigation over missing accounts

The Charity Commission has opened a statutory inquiry into the Hindu Community Society  over serious governance concerns and the  failure to file accounts for six years running

Audit / Deloitte qualifies Swiss miner’s accounts over potential charity ‘misappropriation’

Auditors from Deloitte have issued a qualified opinion on the annual results from Ferrexpo, a Swiss headquartered iron ore company with assets in Ukraine, over concerns about possible ‘misappropriation’ of corporate social responsibility (CSR) funds

Insight / Trustees removed after cash couriering at charity

The Charity Commission has dissolved a poverty aid charity after charitable funds were misused and cash was taken overseas, while trustees were using funds for personal expenses

Insight / Payroll salaries increase by 6% as talent battle wages

Salaries for payroll jobs are increasing by up to 6% a year as pressure on recruitment increases with competition for talent and the growing complexity of legislation making payroll an ever increasing technical and specialist role, according to the latest Portfolio Payroll Payroll Salary Survey 2018/19

Accounting / Charity Commission slates garden bridge project as ‘failure for charity’

The ‘high profile and expensive failure’ of a £50m project to build a garden bridge across the Thames in London, which was set up as a charity to raise funding, has been described as a failure for charities, policymakers and the regulator itself, according to a report by the Charity Commission

Insight / £1.2m protected at charity which failed to file accounts

A Charity Commission inquiry into a Birmingham-based charity has resulted in £1.2m of charitable income being accounted for, after an investigation found that its former trustees repeatedly failed in their duties to administer and manage the charity, including failing to file annual accounts for several years

Insight / Regulator clarifies guidance for charities when working with non-charities

The Charity Commission has published guidance for charities with close links to non-charitable organisations, outlining the steps trustees should take to protect their charity’s reputation and retain the public’s confidence

Insight / Charity Commission probe sees £13m handed over to good causes

A Charity Commission inquiry into a poverty charity has resulted in over £13m distributed to good causes, and the disqualification of the charity’s former chair following findings of breaches of trust, misapplication of charity funds and failure to manage conflicts of interest

Accounting / Beyond the red flags – the alternative fraud triangle

The level of fraud in businesses is growing exponentially but the only way to get to grips with the scale of the problem is to drill down to the fundamental reasons why it happens and risk factors for finance departments, says Arun Chauhan, founder and managing director of Tenet Compliance & Litigation

Insight / Regulator highlights lack of financial controls at London charity

A Charity Commission inquiry into a South London charity, the Khatme Nubuwwat Centre (KNC), has found that the trustees are responsible for a series of failings amounting to misconduct and/or mismanagement, which include a lack of adequate financial controls or policies

Insight / ICAEW set to launch pay-per-view system for guidance

ICAEW plans to open up some of the professional content currently available exclusively to faculty members with a new pay-per-view system, which will allow all members to buy one-off guidance without joining a faculty

Insight / ‘Convoluted’ financial transactions see two charity trustees removed

The founding trustees of The Suyuti Institute, a Birmingham based charity, have been disqualified by the Charity Commission, following their removal, after an investigation found them responsible for misconduct and mismanagement in its financial affairs

Insight / Regulator’s inquiry sees charity improve financial controls

A Charity Commission inquiry into One Nation, a Yorkshire-based charity which aims to provide relief of hardship internationally, has result in improvements to its financial governance and a reduction in unmanaged risks, the regulator has reported

Insight / Lack of financial control sees charity dissolved

A Charity Commission inquiry into the Ghulam Mustafa Trust has found evidence of misconduct and mismanagement, including a lack of financial control, which mean the charity has now been dissolved