WYCAS Training - Financial Responsibilities of Trustees

All trustees have a shared responsibility for their organisation’s finances. Increasing competition for funding and pressures to improve efficiency means that trustees need to be confident that they understand this vital part of their charity’s strategy.

This training session provides an overview of the key areas, essential for all trustees. It provides an opportunity to raise any specific questions you may have around your financial obligations.

Who should attend

This training is suitable for new and experienced charity trustees. This isn’t a technical course and you don’t need to have a background in finance.

What will you learn

This training session aims to:

• Clarify the financial responsibilities of trustees and the legal framework underpinning these
• Explain the tools used to ensure trustees can fulfil these responsibilities
• Explain what to look for in budgets and management accounts
• Explore the issues to address when setting a reserves policy