Event Information
Museums Galleries Scotland has partnered with SCVO to deliver a free finance training session for trustees, board members, and senior leaders as part the Museum Futures programme.
The online session will run for two hours long and will focus on charity finance, with particular emphasis on understanding annual reports and financial roles and responsibilities.
The full session will cover:
- Annual accounts – purpose and format
- The Trustees Annual Report – an integral part of the annual accounts
- Audit report and consideration of ‘going concern’
- Budgets and management accounts – purpose and role in financial planning and governance
- Cashflows – role in making sure there is enough money in the bank
- Funds and fund accounting – the importance of tracking and accounting for different funds
- Financial management – control of the finances and finance function
- Financial governance v management – roles and responsibilities; delegation; avoiding potential issues
About the trainer – Pamela Redpath
Pamela became a trainer 20+ years ago to fill a gap for straightforward, understandable finance training that dealt with the reality faced by the charities and community groups that she was working with. That remains the basis for all of her finance and governance training. She has been delivering iterations of All Things Financial for SCVO for a long time now; financial policies and regulations change but the fundamental challenges remain as great as ever. Her training aims to remove the fear factor from finances and give non -financial people the skills and confidence to deal effectively with it all.
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