Governance and risk management

RiskGood governance and management are key to successfully navigating the challenges, risks and the prevailing financial pressures that all third sector organisations in Scotland are facing.

Charities and social enterprises are experiencing unprecedented changes in how they secure funding.

With the move away from grants towards service based contracts, there are diminishing funds available for charities to apply/compete for.

This is coming at a time when many charities are also experiencing increasing demand as services that were once available from public sector bodies and local authorities are no longer being provided in the shape or form they once were.

The economic climate, the change to funding models and the increased demands many charities are experiencing are putting even more pressure on charity trustees as they seek to evaluate and manage risk, ensure financial stability and meet the strategic and day to day operational aims and priorities as set out in their charitable purposes.

We can advise and help you with the following:

  • Creating your risk register and developing strategies to mitigate strategic and operational risks
  • Trustees: know your responsibilities – compliance with the Charities and Trustee Investment (Scotland) Act 2005 and OSCR requirements.
  • Advising on managing risk
  • How do others do it? We can advise you on best practice and the practices that you should avoid.
  • Accounting secondments – at director or managerial levels.
  • Management team and trustee training sessions.