Ceredigion Association of Voluntary Organisations

Financial Governance – A Gentle Guide for Trustees

Overseeing the charity finances can be a daunting governance responsibility, especially for trustees who lack experience in this area.

Dorothy Dalton, in partnership with Rathbones and ACEVO, has published a “gentle” guide designed as an introduction to charity finances to help those trustees who have less experience or lack confidence to fulfil their responsibilities.

The guide covers the key areas that trustees need to know about, including:

  • Different types of charity funds
  • Budgeting
  • Measuring performance
  • Internal financial controls
  • Taxes
  • Insolvency
  • Accounts
  • Investments

Why not send a copy to your trustees before they discuss the annual accounts? You could also include it in your trustee induction pack.

The guide is available as a free download from the Directory of Social Change