Not for Profit eNews

The not-for-profit sector continues to navigate an uncertain and evolving landscape. Rising operating costs, regulatory change, and the growing influence of technology are reshaping how charities plan, deliver services, and sustain their missions. From accounting reform to new energy levies and workforce pressures, charities face mounting challenges that require both agility and foresight.

In this edition of NfP e-News, we examine some of the key developments impacting the sector. 

We review the hotly anticipated new Charities SORP, which brings significant changes to reporting and governance, and the new Charity Governance Code. 

We also look at a new nuclear energy levy, which is expected to raise electricity costs for charities, and explore how artificial intelligence is transforming the world of work, highlighting the enduring value of human judgement and empathy. 

All these topics are indirectly reflected in the latest Sector Overview recently issued by the Office of the Scottish Charity Regulator (OSCR) Office, which we summarise. 

Together, these stories underscore the importance of preparation and resilience.