Global accountancy body ACCA has called on the Scottish government to increase the threshold at which charities have to complete an audit in order to relieve time and cost pressure on them. ACCA highlighted some of the problems facing charities requiring an audit, with smaller ones paying proportion
Charities
Charities may have to merge to survive the cash crisis caused by the pandemic, a lawyer has said. Alastair Keatinge, partner and head of charities at Lindsays, said the Scottish government must play a key role in reforming the third sector.
A £30 million pledge to support Scottish charities through the coronavirus crisis is welcome but will not tackle the immediate cash flow problems leaving many in a fight for survival, lawyers have warned. Alastair Keatinge and David Dunsire, of Lindsays, are advising a string of organisations
A consultation on charity law setting out options to change the current regulatory system in Scotland has been launched by the Scottish government. Options in the consultation include: