IPPOSI is a Company Limited by Guarantee (Registered Company Number 408258), a charity (CRA Number 20062934; CHY Number 17079) and an employer.
IPPOSI is obliged to comply with certain legislation and has chosen to adhere to various guidelines as best practice.
The Charities Regulatory Authority (CRA):
The CRA is Ireland’s national agency for charitable organisations. IPPOSI has registered with the CRA and practise compliance with all the directives set out by this statutory agency.
The Charities Regulator Governance Code for charitable organisations in Ireland:
This is the standard code by which all charities in Ireland measure their governance arrangements. IPPOSI has signed up to, and practises the ethos laid out in, the code. A compliance record with the code is maintained in the IPPOSI office and is updated annually.
Statement of recommended practice or SORP:
SORPs provide recommendations for accounting and reporting, in particular, how accounting standards should be applied in particular sectors. SORPs aim to provide consistency of accounting treatment within our sector. Whilst this has not been compulsory in Ireland, IPPOSI has adopted the SORP format since 2019 and anticipates that the Charity Regulator will recommend this format for all charities.
The Regulation of Lobbying Act 2015:
The Regulation of Lobbying legislation is designed to provide information to the public about who is lobbying whom about what. IPPOSI has registered and practice compliance with all the directives set out in the legislation.
For an overview of IPPOSI compliance with relevant legislation please click below to view our list of compliances:
IPPOSI Compliance Overview