Charity Commission launches consultation on digital accounts

Digital accounts: consultation opens
Digital accounts: consultation opens

The Charity Commission and the Financial Reporting Council have launched a consultation as part of a move towards allowing charities to file digital accounts. The commission said that enabling annual data to be filed digitally could reduce administration costs, particularly for those charities that also have to file accounts with Companies House, and enable data in accounts to be analysed more easily. Nigel Davies, head of accountancy services at the Charity Commission, said: "If we can make filing digital accounts possible, it will open up charity data, not just for us but for those with an interest in sector trends and data." The commission said the option to file accounts by PDF would remain.

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