Proposals to raise the audit threshold from £1m to £1.5m would mean around 2,000 charities would no longer have their accounts fully audited
Photo: Photo: Anna Tarazevich/Pexels
DCMS opens consultation into charity reporting thresholds
Charities in the arts and culture sector could benefit from reduced administrative burdens and associated costs as government explores amending the thresholds at which they have to report financial data.
The Department for Culture, Media and Sport (DCMS) has opened a consultation into whether thresholds for the reporting of financial information by charities should rise with inflation.
There are 21 fi...
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