James Fennessey: Whilst financial support may have been available and obtained during the COVID-19 outbreak, we understand many charities are concerned about their current financial position as we emerge from lockdown. Considering this, we will offer some practical steps that a charity can take to prioritise its cash reserves in the short and medium-term.
We will provide an overview of good cash flow techniques, stakeholder management, and the importance of having a robust control environment in place. We will also provide some insight into how you can spot the warning signs of financial distress.
Sarah Case and Mark Jackson: Hot topic highlights, including issues surrounding coming out of lockdown, plus things to consider in the presentation in your year-end accounts.
John Howard: How to evidence the viability of your charity? We will consider the practical implications for financial reporting and look at trustees’ responsibilities for reporting on and providing evidence to stakeholders about their organisation’s financial health. We will also provide some insight on the process followed by an auditor or independent examiner in assessing going concern.
Scott Craig: VAT opportunities. VAT represents a significant cost for the majority of Charities. It dilutes any income generated by activities and fundraising campaigns. Now that the UK is not part of the EU, the UK Government could make simplifications and improvements that will benefit the charity sector. Scott will summarise the VAT savings that are currently available to charities and highlight improvements the sector could campaign for.
If you would like to attend our webinar, please register here.
We hope you will be able to join us for this session…
There will be a Q&A session.