Updated official financial guidance for charities

Four sets of financial guidance for charities in England and Wales, and their advisers, have been updated by the Charity Commission. The guides are

• Charities and Risk Management (CC26), updated to include current thinking in models for assessing risk.


• Financial Difficulties and Insolvency (CC12), updated but no new policy.


• Charities and reserves (CC19), new format with additional guidance for trustees.


• Internal Financial Controls (CC8), complete revision including new developments such as electronic banking arrangements.

All can be found on the Charity Commission's website with pdf versions also available.