The Charity Commission requires trustees to manage their charity's resources responsibly. This paper - part of a series on trustees - explains that whilst this duty extends beyond financial management, managing a church or charity's finances and its financial assets form a large part of this responsibility.
Topics included:
- What are the main operational financial responsibilities for trustees?
- What are the main financial reporting responsibilities for trustees?
- When to have an audit and when to have an Independent Examination;
- What are the trustees responsibilities when completing the Charity Commission annual return?