In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
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In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
What does it mean when you are a Treasurer of an Association moving to a Company Limited by Guarantee and then becoming a Director on the Board, and what affect does the role change bring? Before we start thinking about the size and sophistication of your organisation, it’s important to see things from an operational perspective when defining roles and responsibilities. Some Treasurers of Associations, who look to understand the implications for their role when moving to a Company Limite...
Not-for-Profit on Purpose
In past episodes we’ve spoken about Financial Governance, but what does that mean for anyone who is preparing to set up a new NFP? How do you create financial governance? Opening a bank account, tracking expenditure and reporting? It might sound simple, but there is a process. I’ll touch on some key areas that I think are worth considering as well as how your systems and processes can even aid you in measuring your overall impact. As a new NFP, you’ll find this information...
