Members of Chartered Accountants Ireland engage with charities in many ways — as employees, advisors, board members and volunteers. These charity pages provide guidance on key areas that accountants may encounter when acting for, or working with, a charity.
Charities in Ireland and the UK play a vital role in addressing a wide range of societal needs, including healthcare, education, poverty alleviation, and environmental protection. The size of the sector is substantial, with close to 20,000 charities registered with the Charities Regulator in the Republic of Ireland and the Charities Commission for Northern Ireland. Collectively, these charities manage billions of pounds and euros of incoming resources each year and use these resources in the furtherance of their charitable purpose.
Both Ireland and the UK have regulatory frameworks which are designed to ensure transparency and accountability within the charity sector. Four separate regulators oversee the sector across five jurisdictions. These frameworks help maintain public trust and confidence in charitable organizations by regulating the sector and ensuring compliance with charity law and regulations. The relevant authorities are;
Furthermore, given their distinct nature and the increased need for transparency and public trust, charities are subject to varying financial reporting and assurance requirements which are addressed on the links below.
These pages are provided as resources and information only and nothing in these pages purports to provide professional or legal advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the pages. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of these pages, we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained in these pages.
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