Pressure to put more heart into accountability

Article Abstract:

There is an increasing amount of interest in improving the regulation of charities by government and professional bodies. The Commons Committee of Public Accounts issued a report critical of the accounting procedures of charities, citing defects such as: charities failure to submit annual accounts; the lack of professional auditing of submitted accounts; and the lack of a general requirement for a charity accounts to be audited. The Home Office White Paper on charities includes proposals to improve charity accounting, such as: requiring charities to submit annual account statements to the Charity Committee; introducing requirements regulating the content and auditing of charities financial accounts; and making charities' financial statements available to the public.

Reports, Accounting and auditing, Charities, Nonprofit organizations, United Kingdom. Parliament. House of Commons, United Kingdom. Home Office

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Borrowings are remarkably high

Article Abstract:

An analysis of the NHP's corporate reports indicate that the firm had a history of high borrowing for FY1999. Topics include a review of shareholders' collections, and current value of nursing care real estate properties.

Stockholders, Valuation, Real property, Real estate appraisal

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The elderly; does anyone care?

Article Abstract:

Expansion plans of private companies in the care home sector have resulted in a lowering of standards, higher operational costs and an unwillingness by stock market investors to put money into new facilities.

Aged, Elderly, Economic aspects

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