Small Charity Finance Essentials | All about Independent Examinations

Essential finance skills for accidental finance heroes. We all have an inner finance director. We just need to find them.

By Embrace Finance

Date and time

Thu, 1 Feb 2024 17:00 - 18:00 GMT

Location

Online

Refund Policy

No Refunds

About this event

• 1 hour
• Mobile eTicket

Welcome to the wonderful world of small charity finance.

In this session, we will go back to first principles and revisit how everything we need to know about our annual independent examination.

Year-end is often considered a stressful time of year clouded in mystery. But it doesn't have to be this way. At its best, the independent examination can be a good opportunity to get our finance ducks in a row and stride confidently into the future. In this session we go back to first principles and de-mystify it all.

What we cover:

· The why and the what of independent examinations and where it sits in our compliance diary

· A step by step guide to what we need to do to prepare for an independent examination

· What we can expect from our independent examiner

· The difference between an independent examination and an audit

· How to find a good independent examiner

What you can expect:

· Slides

· Examples

· Optional Q and A

This session will be of interest if…

• You want an introduction to independent examinations
• You want to know what to expect and how to get the most out of it
• You want to make the whole process a bit easier

Who is this aimed at:

This session is aimed at anyone needing to know about independent examinations in small charities. All are welcome; trustees, chief officers, finance officers and everyone dealing with finance.

What else:

This is a sit back and tune in session. You are welcome to engage as much or as little as you wish. There are no breakouts and all engagement is entirely optional. Oh, and zoom links are sent out the day before.

Who is delivering the session:

Rachel Cooper ACA a qualified chartered accountant and professional trainer. Rachel has over 20 years’ experience supporting a variety of social impact organisations from small charities to major research institutions. Key projects Rachel has worked on include developing and leading Charity Finance Group’s small charities training programme and writing NCVO’s Financial Management website resources. Rachel provides training for NCVO and the Association of Independent Examinations. Rachel is currently Principal at Welbeck Accounting and Associate Director of Embrace Finance.

Liz Pepler MIAB FRSA is a certified bookkeeper and experienced small charity finance specialist. With 20 odd years' experience working with charity leaders and charity boards to build financial confidence, financial governance and financial sustainability, Liz is experienced in supporting small charities through stability, growth and difficulty. Liz provides consultancy and training for a range of infrastructure bodies and grant funders including NCVO, Getting on Board, the Fore Trust and Lloyds Bank Foundation. Liz is currently Director of Embrace Finance and Trustee Treasurer of Forest Recycling Project.

Please note:

This session is not intended to replace proper professional advice. It is intended to build awareness and confidence in our first steps when leading or managing the finance function of our charity.

Find out more here