This is usually due to lack of funding available to employ people with the correct qualifications.
Most charities are funded with restricted grants and have to account for where the money is spent; this does not usually accomodate for being able to afford to employ people with finance as a primary responsibility.
This results in significant difficulties for small charities who struggle with the complexity of financial management on issues such as management of trading subsidiaries, the charity VAT regime and management of contracts. It can also leave them vulnerable to mistakes.
CFG have ideas about improving the standards of financial management in small charities, and would like to hear about ideas from others about what could be done to help small charities improve their financial management.
Introduction The National Statement of Expectations for Supported Housing (NSE) was finally published on 20 October 2020, five years after the 2015 Comprehensive Spending Review suggested regulatory and oversight changes were needed, although in 2018 the government >>>
"Coventry Mind has recently worked through a programme of Housing Benefit optimisation with Support Solutions and in particular their specialist Danny Key. Throughout the whole process Danny demonstrated that he has excellent knowledge of the subject and was able to put forward a convincing case for the increase in funding to the Housing Benefit team. Coventry Mind has already and will continue to recommend Support Solutions and in particular this service to other organisations."
Steven Hill - Director of Central Services