Charity Governance Code
The new charity governance code was issued on 11 July 2017.
The code is a practical tool to help charity trustees to develop high standards of governance. It is becoming more vital that charities understand what good governance is and that they really understand it and apply it.
This new edition of the code includes a redesigned website which is interactive. The starting point of the code is that good governance is fundamental to charities’ success. The code is built on 7 principles which are:
- Organisational purpose
- Decision making, risk and control
- Board effectiveness
- Openness and accountability.
For each principle the code sets out the rationale, key outcomes and recommended practice. Recommended practice is split between larger and smaller charities.
The code can be found at Charity Governance Code
At Mercer & Hole we have a dedicated Charities and Not-for-profit specialist team. If you wish to discuss the above further, please contact Wendy Bambrick.
Date: 1st August, 2017
Articles from this Author
24th July, 2018
Academies Accounts Direction 2017/2018 (AAD)
9th February, 2018
Guidance for charities regarding the changes to the automatic disqualification of trustees rules
30th November, 2017
Legislative changes affecting the Charitable Incorporated Organisation (CIO)
14th November, 2017
Updated guidance for independent examiners (CC32)
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole