Internal financial controls for charities (CC8)

How to manage your charity’s financial activity and use internal financial controls to reduce the risk of loss.

Applies to England and Wales



If a charity is to achieve its aims, its trustees need to ensure its:

  • assets are properly used
  • funds are spent effectively
  • financial affairs are well managed

Internal financial controls are essential checks and procedures that help charity trustees:

  • meet their legal duties to safeguard the charity’s assets
  • administer the charity’s finances and assets in a way that identifies and manages risk
  • ensure the quality of financial reporting, by keeping adequate accounting records and preparing timely and relevant financial information

Updates to this page

Published 1 July 2012
Last updated 26 April 2023 + show all updates
  1. This guidance has been redesigned and updated to reflect changes to practice and the law.

  2. First published.

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