Tag Archives: charities

Why is it important to explain the different types of funds held by not-for-profit entities in the Annual Report

Not-for-profit

It is crucial for not-for-profit entities to clearly explain the composition and purpose of funds in their annual reports. This helps donors, funders, and stakeholders to better understand the entity’s financial position.   Types of funds   Not-for-profit organisations such as registered charities, charitable companies, trusts, and Charitable Incorporated Organisations (CIOs) can hold a variety […]