Only transparency will restore trust in all of our charities
Reading the 'Monday Interview' by Eilish O'Regan (Irish Independent, April 3), charity regulator John Farrelly said that new regulation will force all charities to produce full accounts detailing how they spend their money.
This comes in the wake of revelations that a growing number of charities, which are registered companies, are only filing abridged accounts which give limited financial information. They do not disclose amounts paid in salaries and expenses or how much was spent in charitable purposes.
In the wake of the Console charity debacle last year and others in recent times, even though the public outcry has somewhat dimmed, trust in charities has been badly shaken, as up to 30 tip-offs a month continue to come to the regulator with concerns about some form of fundraising activity or other.