- Book your PQ and IPFM exam(s)
- Book your CETC course(s)
Better regulation of charities increases public trust says former regulator
Charities benefit from increased public trust and confidence when they are perceived to be being more effectively regulated, argues a former head of the Charity Commission.
Professor Andrew Hind, chief executive of the Charity Commission, between 2004 and 2010 asserts that charities need a regulator that is on their side; and, that the philosophy underpinning the charity regulator’s activities should be one that encourages innovation, dynamism and the sharing of best practice.
Professor Hind said:
“It is no good just cracking the whip where things go wrong, you have to be able to paint a picture of what ‘right’looks like. Improvement across the sector comes from raising standards and expectations, not bearing down with increasing levels of red tape and bureaucracy.”
Writing in the May edition of Public Money & Management journal, Professor Hind outlines the practical steps required of a charity regulator to enable a standard raising regulatory approach. These steps include:
Analysing how the transformation of the Commission’s regulatory approach fed through to increase awareness of itself, its work and a greater level of public trust in charities generally, Professor Hind said:
‘Intuitively, I have always thought that a Charity Commission with a higher public profile, and with an improved reputation for effectiveness in all its guises, should have a positive impact on how the public trust charities.’
CIPFA press office
T: 020 7543 5600
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.