governance

Management

Annual Reports

Producing a report on an annual basis that communicates the key information as noted below is good practice.

An annual report is an underused publicity vehicle.

Communications Strategy

The reputation of your organisation is one of your biggest asset

Your communications strategy

Do you have a strategy for regular and effective communication with your stakeholders (the people who would have a particular interest in your organisation)?

Insurance

Remember though that insurance will not cover you for circumstances like getting into debt, defamation or breach of contract

However small or informal your organisation, insurance is a must. It is also a crucial way to minimise the risk to your organisation.

Fundraising

Aim to build long term relationships with your funders

It is vital that your organisation approaches fundraising in a strategic way, with proper planning, implementation and evaluation.

Organisation Relationships

 Who you work with can be just as important as how you work

Financial Responsibilities

 Keeping detailed records, on receipt, of all monies received...

Each organisation has significant financial responsibilities that must be taken seriously. These include:

Guidelines on Reserves Policies for Charities (March 2016)

Income needs to be spent promptly in line with prudent management of the finances.  

Finance

 Good financial management will keep your organisation efficient and effective...

Management vs Governance

The larger an organisation is, the easier it is to define the boundaries...

Understanding the differences

The governing body must govern; that is, it must provide leadership and strategy and must focus on the 'big picture'.

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