The Charity Council, in partnership with MCYS, MOH, NCSS and SSC, initiated iServe, a shared services programme specially tailored for the Charities, the Institutions of a Public Character (IPCs), and the National Sports Associations (NSAs) [hereafter collectively referred to as Organisations].  iServe provides the Organisations with a comprehensive suite of professional functions and for a start, the programme will focus on finance and accounting services.  The objective of the programme is to relieve the Organisations of common administrative processes, to allow them to focus more on delivering their core functions and strategic missions.

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iServe at the 6th Charity Council Governance Seminar

iServe participated in the  6th Charity Governance Seminar held on the 13th October 2011. A booth was set up to introduce to the participating charities, iServe’s finance and accounting shared services which aims to relieve charities of common administrative process and allow them to focus more on delivering their strategic missions.

The event, held at the NCSS Auditorium for charity Board members and management staff, was organised by the Charity Council, with the theme “Leading Your Charity in Changing Economic Times”. More than 100 charity representatives attended the seminar to better understand how charities can continue to thrive and achieve their organisational goals during this challenging economic climate.

The seminar resources can be found below:

Topic 1: Leading Charities for Strategic Growth
by Mr Andrew Sng, Senior Partner and Managing Director, Decision Processes International Asia

Topic 2: Assessing Social Impact of Charities
by Ms Patsian Low, Deputy Director (Philanthropy), National Volunteer & Philanthropy Centre

We Are Growing!

Since the launch of the iServe programme on 10 September 2009, the number of the organisations who had signed up for the iServe programme had tripled from 10 organisations to more than 30 organisations. We would like to welcome the latest organisations who have come on board this programme in the last few months.

Singapore Dragon Boat Association (SDBA)
For more information on SDBA, please click here

Singapore Hockey Federation (SHF)
For more information on SHF, please click here

Parkinson's Disease Society Singapore (PDSS)
For more information on PDSS, please click here

Singapore National Paralympic Council
For more information on PDSS, please click here

Canossian Daughters of Charity "EIPIC Program"
For more information on the Canossian Daughters of Charity, please click here

The Silent Foundation
For more information on The Silent Foundation, please click here

Highlights of the Charity Accounting Standard

The Charity Accounting Standard (CAS) was issued by the Accounting Standards Council (ASC) on 24th June 2011. The new standard which is tailored for the charity sector and its stakeholders, will make financial reporting simpler and more relevant for charities while enhancing disclosures for greater transparency. Charities may opt to apply the CAS for their financial periods beginning on or after 1 July 2011. (Click here for the press release)

Interview with Centre for
Non-Profit Leadership (CNPL),
1 Sept 2011

"Engagement of iServe’s services is relatively cheaper compared to employing a full time accountant.  At the same time, as iServe’s accountants are specialised in the charity sector, they are very familiar with both the Code of Governance and the RAP6. This makes them an invaluable source of knowledge and we frequently ask them for advice."

"I believe that iServe has brought improved governance and better controls to CNPL. They are like a third pair of eyes  looking after the accounts. If a mistake is made and the person checking doesn’t pick it up, then our account manager at iServe will do so."