Charity Fraud Awareness Week

This week marks #CharityFraudAwarenessWeek and we want to encourage charities to be more fraud-aware. With a total annual income of over £70 billion, the UK charity sector is vulnerable to fraud and financial crime. Therefore, it is essential that the right counter-fraud measures are put in place. Here are some actions your charity can take –

  • Create a culture of ethical behavior throughout the charity
  • Develop an anti-fraud policy
  • Regularly asses the risk that your charity may be vulnerable to
  • Implement robust financial controls
  • Ensure there are strong recruitment procedures
  • Encourage awareness throughout the charity
  • Keep records of suspected and confirmed fraud

For more information, visit www.fraudadvisorypanel.org/charity-fraud/charity-fraud-awareness-week

If you want more advice on financial precautions, please contact our Head of Charities Fiona Haro on 01383 628800.

Other posts you might like:

MTD for ITSA explained

MTD ITSA is the next phase of HMRC’s Making Tax Digital road map and focuses on Income Tax Self Assessment. If you haven’t already, you might want to start looking at compliant solutions and begin processing your next financial year to ensure you feel confident before ITSA becomes mandatory.

read more

Autumn Statement 2022 Guide

Following Chancellor Jeremy Hunt’s Autumn Statement on Thursday 18 November, here is our free guide covering the changes that were announced. We hope you find it useful.

read more