NHS charities are looking to appoint independent trustees to avoid having
their accounts included on the balance sheets of government bodies.
Most NHS charities have an NHS trust as a sole trustee but some were
considering appointing an independent trustee, for fear that under current
accounting guidance their accounts should be included on the trust’s balance
Nearly 40 of the 282 charities with sole trustees were looking to appoint
indepdent trustees, according to a letter seen by Third Sector sent by the
Department of Health to trustees.
The department said many of the requests for an independent trustee had not
been thought through.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Improvements to cashflow statements are being targeted in a consultation launched by the Financial Reporting Council (FRC)
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure