Institute encourages charities to file online
The ICAEW has set up a competition to encourage charities to make greater use of the internet to publish financial information.
Jointly sponsored by the institute and the Charities Aid Foundation, the competition offers charities a prize of £2,000 based on the standard of web-based reporting and providing financial information online.
Prizes are awarded to charities in four income categories, the smallest being under £100,000 and the largest being above £2m.
Neil Jones, CAF’s director of communications and a judge, said this was the first year charities had been asked to submit online accounts and the response had been ‘very pleasing’.
He added: ‘We are excited about the number of entries received so far and pleasantly surprised that the smaller charities have nearly as many entries as the largest income category.’
All entries must be received by the 27 June 2003 and the winners will be announced on 28 November.