Charity and non-profit finances are not the sole responsibility of the treasurer - every trustee and chair should be able to understand their organisation's accounts. But finances can be confusing, especially if you don't come from a financial background.
The guide addresses the chair's role on finance, but is also a helpful read for trustees to understand more about their part to play. It covers five key questions:
- How can I support trustees with their financial duties?
- What board arrangements will suit our financial governance?
- Do we have a clear financial plan?
- Do we have the financial information that we need?
- Are key finance relationships working well?
Association of Chairs are running finance training for trustees or chairs – open to non-members:
Chairing Essentials: A chair's role on finance, 23 September, 5pm - 6.15pm. Register here
Understanding your charity's accounts – a practical introduction for trustees - 4 November, 5pm - 615pm. Register here
Download the Association of Chairs guide: Financial leadership in small charities