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Charity Finance for Trustees

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Location

Royal West of England Academy

Queens Road

Clifton

Bristol

BS8 1PX

United Kingdom

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Event description

Description

About the Day:

This workshop will bring together Trustees from a variety of museums and offers facilitated peer discussion, enabling the sharing of best practice and individual experiences of financial governance within their organisations.

It will outline the regulatory and reporting requirements which are specific to charities, alongside the legal structures of different types of third sector organisations and the different requirements for each. It will also cover the different general charity governance, including the role and responsibility of the board and how to promote and measure financial resilience


Who should attend?

The day is aimed at Charity Trustees who wish to gain a better understanding of their responsibilities and the legal reporting requirements a charity needs to meet.

What will you learn?

  • Understand the framework of regulatory requirements for reporting as a charity
  • Have a basic understanding of sources of charitable income and impact on cash flow and planning
  • Appreciate the role of the board and trustee responsibilities
  • Know where to go for further information


How does this session relate to Arts Council England’s Accreditation Standard?

This session will support the museum to achieve the following areas of the Accreditation Standard:

  • 1.4. Effective forward planning. The museum must plan effectively for long-term success and to make sure it can adapt in a changing environment in order to survive.
  • 1.6 Demonstration of financial basis. The museum must be able to show that it is financially stable and that it meets the relevant financial regulations or standards and the requirements of its constitution. The museum must have enough funds available, and collections must not be used as security for a loan.


Session Leader:

The Charity Finance Group is the charity that inspires a financially confident, dynamic and trustworthy charity sector. They do this by championing best practice, nurturing leadership and influencing policy makers.

For more information on the Charity Finance Group, please visit their website https://www.cfg.org.uk/home


How do we use the data you supply us?

* For full details on how the information supplied to us as part of the booking process is used please see our Privacy Policy here: http://www.southwestmuseums.org.uk/terms-conditions/


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Date and Time

Location

Royal West of England Academy

Queens Road

Clifton

Bristol

BS8 1PX

United Kingdom

View Map

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