governance

Financial Responsibilities

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

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

Responsibilities of Governing Body

 The specific responsibilities of company directors include complying with the Companies Act...

 Responsibilities of the governing body as a whole

Responsibilities of Officers

For a treasurer, you need a person who is good at figures, understands accounts, and can explain accounts in layperson’s terms... 

Your constitution, rules or memorandum and articles of association will usually specify whether your governing body comprises specific honorary officers.

Budgeting

Find out as much as you can about what is to happen and use your judgement as an organisation to work out a best case and a worst case scenario... 

In good times, you may have paid relatively little attention to budgeting or to monitoring outcomes against budgets and available resources, apart from project budgets and outcomes that y

Unincorporated Bodies

It is therefore a good idea to draw up a written constitution outlining the aims, activities and rules for running your group...

 

Unincorporated Association

An unincorporated association is a group that does not have a separate legal personality of its own.

Reviewing Your Internal Structures

Are you keeping yourself informed about changes to legal structures for community and voluntary organisations?

Are you keeping yourself informed about changes to legal structures for community and voluntary organisations?

Governing

How to Govern

Accountability

Ensure that the organisation creates and reviews procedures for managing risk, finances, staff, etc...

Ensure that the organisation creates and reviews procedures for managing risk, finances, staff, etc...

Governing bodies must ensure the organisation has policies and procedures in place to operate in a responsible and accountable manner.

Agreeing Internal Policies

Although it is the responsibility of the governing body to ensure there are up to date policies in place in the organisation, it is not assumed that the members of the governing body are experts in all these areas...

Why have internal policies?

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