To mark Trustees Week 2017, The Honorary Treasurers Forum published a new version of its handbook online, offering essential advice, information and support for Charity Treasurers, Finance Directors and Board Members on how to strengthen their financial accountability.
The handbook has been updated since first produced 10 years ago and offers up-to-date advice and best practice support to enable Treasurers to work more effectively in today’s challenging charity environment. The content was updated in recognition of the financial and governance changes introduced over the years and, as it is online, it will be kept up to date with any new guidance and relevant information.
The content was produced by Kate Sayer, Judith Miller and Arlene Clapham from Sayer Vincent, a leading UK firm of chartered accountants working solely with charities and social enterprises. The funding for the development and production was provided by the Worshipful Company of Management Consultants Charitable Fund.
Bruce Gordon, Chair of the Honorary Treasurers Forum says, “Many books and guides explain charity accounting, but they don’t cover all the aspects of an Honorary Treasurer’s role.
“The role of a Treasurer can be highly diverse. They provide advice and support in many areas related to finance, but also serve as the go-between for the finance staff and the trustee board. They also might Chair the finance committee or do the book keeping in smaller charities. They need accounting knowledge, but also the skills and behaviours to work well with others. We hope this handbook, with the fantastic content from Sayer Vincent will help navigate through the ‘softer’ aspects of the role.”
Kate Sayer, Consultant at Sayer Vincent, says, “We are honoured to have been involved in writing the content, which draws upon our many years of experience in the sector. It’s more important than ever for charities to manage their resources effectively and have good governance when it comes to finances. This is a must-read for all Treasurers and will help to ensure they do the very best they can for their charity and its beneficiaries.”
David Peregrine-Jones, Chair of the Worshipful Company of Management Consultants Charitable Fund, says, “Recent research we funded into trustee awareness found a need for the Honorary Treasurers Forum to provide advice and support to Treasurers. This handbook and its guidance for Treasurers is very timely and we are delighted to have provided support in its development and production.”