It’s time to transform financial reporting for charities

Interesting Blog from Joe Saxton at NFP Synergy…

Have you ever tried choosing which charities to donate to by looking at their financial performance? Did you find what you needed easily?

nfpSynergy research shows that the top three barriers to giving are centred around how charities spend their money. Yet, despite the common practice of publishing annual reports on their website, it seems that charities still can’t give the public what it wants.

Joe Saxton introduces this issue in today’s blog, and explores it further in his “SORPed out” report, which points out the problems with the current system, not least from the public’s point of view, and sets out a comprehensive range of solutions.

 

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