Spot the Warning Signs: Managing Financial Risk in VCSEs

Whether your organisation is navigating uncertainty, planning for growth or simply looking to strengthen governance, this workshop will provide valuable insights and practical tools to take away.

Trustees, CEOs, senior managers and finance leads will benefit from a greater understanding their financial responsibilities, learn to recognise risks early and discover what practical steps can be taken to protect the organisations they serve.

During the session, Kelly will explore:

• Trustees' financial duties and legal responsibilities
• Early warning signs of financial distress
• Understanding cash flow and financial sustainability
• Managing reserves and restricted funds
• The risks of relying on a single source of income
• Financial information trustees should expect to receive
• Common mistakes organisations make
• When to seek professional advice
• Options available when difficulties arise
• Potential risks to trustees personally
• Practical actions to improve resilience
• A real-life case study showing how specialist support can help

There will also be an opportunity to ask questions and discuss challenges facing your own organisation.