This review was carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) on behalf of the Charity Commission. There were 26 ICAEW members with experience in the sector matched to charities to carry out an expert review. Peter Taaffe, Managing Partner of BWMacfarlane, was one of the reviewers participating in the project.
It looks at charities’ strategy development, implementation and review by analysing material provided by 26 charities with annual incomes under £5m. This identified a number of themes which the reviewers discussed with the participating charities.
The review concludes that charities with a strategy:
- cope better with pressure
- can adapt more easily to changes
The report makes a number of recommendations for the Charity Commission’s guidance, regulatory approach and future research.
The commission’s response sets out how it and other key players in the sector can take forward these recommendations.
Having been invited to take part in the research project which led to this review and its conclusions, if you want to discuss it and its implications please do not hesitate to contact our Managing Partner, Peter Taaffe.