Benefits of Outsourcing Your Finance Department

Benefits of Outsourcing Your Finance Department

In business, outsourcing specific services is not a new thing. We outsource printing, design, and even areas of social media strategy and management, but outsourcing your charity’s finances…well, that’s a different story entirely. However, due to the...

Annual Reports – friend or foe?

If your charity has a March year-end then soon it will be the time of the year that you dread…yes, it will be time to prepare your charities annual accounts, but more than that the annual report. More often than not the writing of the annual report falls to the...

Why you need reserves and a reserve policy

I recently spoke at two round tables hosted by Quilter Cheviot on the subject of reserves and what struck me most was how many of the charities around the table had reserves policies that were based on 3 – 6 months of operating costs. Why is this odd, I hear you...