The cross examination of Kids Company by the media is going to continue for some time. This article reports on the interviews of Public Administration & Constitutional Affairs Committee with 3 audit firms. I am sure the media will continue to criticise the founder, the trustees, the regulator and funders (including the government). Defining effectiveness always difficult; I think the challenge is for trustees to define effectiveness while respecting the communities their charity seeks to serve. Perhaps the audit profession should respond by providing more positive assurance about the annual narrative report of the trustees?
Yesterday morning’s evidence highlighted the absence of appropriate professional oversight of Kids Company and the limited ability of an audit, however competent, to answer substantive questions about the value of a charity’s work. How then should effectiveness be assessed?