Webinar: How to manage Charity Finances in a positive and practical way

Stone King and RSM delivered this webinar on managing your charity finances during COVID-19 and covered a range of topics including:

Charities using reserves, designated funds, restricted funds & permanent endowment from a charity law perspective:

  • Strategic considerations
  • The ability to use reserves
  • How to undesignated funds
  • How to remove restrictions on use - charitable objects
  • How to remove restrictions on use – permanent endowment

Charities using reserves, designated funds, restricted funds etc. - the finance perspective:

  • Tools for monitoring financial health
  • Financial modelling
  • The finance team’s view
  • What trustees need to know
  • Realising own assets (investment, land etc.)
  • Going concern considerations including SORP requirements.
  • Serious Incident Reporting

The law and practice referred to in this article or webinar has been paraphrased or summarised. It might not be up-to-date with changes in the law and we do not guarantee the accuracy of any information provided at the time of reading. It should not be construed or relied upon as legal advice in relation to a specific set of circumstances.

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