Essential Finance for Trustees BWB - London

Essential Finance- What Every Board Member Should Know

An eventrun in partnership between OnBoard and The Centre for Strategy and Communication.

Facilitator: Jan Burnell, lead trainer for the Centre on Finance Skills

“I don’t know much about finance – I leave that to the Treasurer”

Many charity trustees believe that the finances of their charity are something they can leave to someone else to worry about – the Treasurer, the Finance Director or the Auditor. But the reality is that each and every trustee is personally and severally responsible for ensuring the financial probity of their organisation – it’s not something you can delegate to someone else!

This two hour session will give trustees an outline of the key elements they need to understand and monitor. We will look at a basic set of charity accounts and learn how to unpick the key points. We will cover the essential elements of the Charities SORP: restricted income and expenditure, recognising the costs of generating funds, restricted, designated and general reserves. We will also look at a balance sheet to understand how to interpret and challenge it. Finally we will examine a set of management accounts and learn how to use these to check that all is going to plan in the charity’s finances.

Come with those financial questions you have always wanted to ask. Participants are encouraged to bring copies of their charity’s accounts with them.

For more information or to book please contact Karen Collins on 020 7551 7724 or email seminars@bwbllp.com, quoting reference "OnBoard Essential Finance - JULY". Alternatively, please visit the website here: http://www.bwbllp.com/Seminars/Default.aspx?SeminarID=356&Location=1&ID=...

Date: 3 July 2012
Time: 5pm registration, seminar 5.30pm -7.30pm, followed by networking til 8pm.
Venue: OnBoard, 2-6 Cannon Street, London EC4M 6YH
Price: £30 (excl. VAT)