Finance Guidance for Charity Trustees from the Charity Commission

The Charity Commission for England and Wales have published a document to help trustees ensure they are keeping the critical areas of their finances in check.

Trustees have a legal duty to look after their charity’s money and other assets and they need to understand and keep track of their charity’s income and spending. This will ensure they spot any issues as early as possible to prevent them affecting the success of the charity.

The Charity Commission are provided some key tips on financial issues:

Charities should:

 

You can read the 15 question document here.