Charities and Financial Transparency
One of the key improvements of recent years in global development is the movement towards greater transparency. Inspired by a small group of people, largely from the NGO world, real momentum is building towards international agreement to make information about aid more accessible and useful.
The Irish Government has signed up to the IATI standards, and Irish NGOs have, through Dóchas, also pledged to increase their transparency and accountability.
Dóchas is also actively promoting adherence to the SORP standards on financial reporting; something that is increasingly important, now that the Government has let it be known that Charity Regulation is not a priority for the foreseeable future.
For this reason, Dóchas has developed draft guidelines on financial reporting, that eventually will become obligatory for Dóchas members.
However, the best driver for change is pressure from the public: We would encourage anyone with comments on the quality of NGO work and/or NGO transparency to contact those organisations, and to ask them why they have chosen not to adhere to the highest standards of transparency and accountability.
Aid transparency is important. And NGOs must “be the change” they are looking for.
Entry filed under: NGOs. Tags: Accountability, Admin costs, Administration, Annual Report, Charities, Charity, Charity Act, Charity Regulation, Civil Society Organisations, CSOs, Finance, Irish NGOs, NGOs, Overheads, Quality, SORP, Standards, Transparency.