As the Scottish Charity Regulator, part of OSCR’s work is to monitor whether charities across Scotland are carrying out their duties properly. This includes the requirement for all charities to prepare an annual report and accounts, and submit them on time.
To help monitor compliance with accounting requirements and identify areas where charities require more help and guidance, OSCR undertake regular reviews of the accounts submitted.
They recently reviewed the accounts of 60 charities, selected at random to represent the full scope of the Scottish charity sector, and found four key areas where charities can improve their annual reports and accounts.
The full findings of this research can be found in a new report: Lessons learned from reviewing charity accounts.
For more information OSCR
