John Stoker said there had been a huge improvement in accountability achieved by charities in recent years, but ‘with some exceptions, even the largest charities’ overall performance against the rules and guidelines for annual reporting is not as good as it could be’.
‘More charities should aim to reach the reporting standards of the best,’ he added in an open letter to the Chairs of Trustees of the 200 largest charities.
He urged charity trustees to ensure their annual reports included clear statements of aims and objectives comparing actual with planned performance, and showing how both have changed over time.
Stoker said the National Audit Office supported the need for improvement.
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