Financial Governance: a gentle guide for the non-financial charity trustee
Generously sponsored by Rathbones, it was launched in June 2017
When there are finance specialists on the board, a finance committee and a treasurer, why do all trustees have to engage in financial matters? The short answer is that trustees are required to do so. High-profile cases such as Kids Company show what can happen when trustees do not.
Many trustees feel that they do not know enough about finance generally, and charity finance in particular, to fulfil their responsibility for sound financial governance. This gentle guide is for the trustee who is not strong on finance. It covers the basics of financial governance based on my own experiences of serving on boards for over 30 years and on subsequent study and research.
It is written on two levels
1. Basics in brief
2. Basics in greater detail
Readers only need to dip into a specific section of level 2 when they feel they need to do so. For example, if they know that at the next board meeting the budget is being considered.
To download your free copy of this ‘gentle’ guide click here. The programme of a supporting ‘gentle’ course on Financial Governance can be downloaded by clicking here.