Essential Finance for Trustees: What every board member should know (3 July)

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

Dates & Times

July 3, 2012 @ 12:00 am

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

“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.

Jan Burnell
Jan Burnell, the Centre's Director, has worked at Chief Executive level in a range of different organisations for the past twenty five years. Prior to starting up the Centre as a new company, she worked in the public and voluntary sectors where she led both local government units and charities. She has a post graduate certificate in Leadership and Management from CASS Business School.

Jan heads up the Centre's work on leadership and management and, in particular, oversees the Certificate of Higher Education. She trains on several management courses and is the Centre's lead trainer on Finance Skills. She is the author of several training packs as well as the Centre's handbook Taking and Writing Minutes.

For more information or to book please contact Karen Collins on 020 7551 7724 or email [email protected], quoting reference "OnBoard Essential Finance - JULY". Alternatively, please follow the link below to book a place.

Cancellation Policy
If you are not able to attend the event, a substitute can be sent in your place at no extra charge.
We will accept a cancellation up to 3 weeks (21 days) before the event date and you will have a full refund.
A cancellation within 21days – 7 days of an event will incur an administration fee of £25, deductible from your refund.
Fees for cancellations within 7 days of the event are non refundable.
* Please note that an invoice will still be issued if you do not attend on the event