FREE MASTERCLASS FOR LOCAL CHARITIES WILL EXPLORE MANAGING RISK
Fraud, cyber scams, funding and over-reliance on key personnel – those are just four of the key risks facing charities which will be explored in the latest in a series of Charity Masterclasses being held in Norwich next week.
Experts from Lovewell Blake's specialist Charities Team will present ‘How to manage risks including fraud’ at the free event on Tuesday 6th December.
Stef Smith, Rebecca Frost and Kyle Smith will outline the top ten risks facing charities, and suggest strategies for mitigating those risks. The masterclass will also explore the Charity Commission guidance on risk, CC26, and explain the new auditing standards which come into effect in December.
“In the current climate, with squeezed funding and significantly increased demand for charities’ services, trustees and managers need to have a robust plan in place to tackle the many risks which charities can face,” said Stef Smith.
“Sadly such organisations, which are generally run by boards of volunteer trustees, can be particularly vulnerable to things like fraud, and the aim of the masterclass is to highlight the major risks which all charities face, and provide some practical tips on what both trustees and charity managers can do to minimise those risks and mitigate against them.”
The Risk workshop is the fourth in a series of free masterclasses aimed at helping charity managers and trustees tackle a number of issues facing organisations in the charitable sector. Previous events have covered topics including what makes an effective board of trustees, good financial management, and improving success in fundraising.
The Masterclass takes place on Tuesday 6th December at 4.30pm at Lovewell Blake’s offices on Broadland Business Park. Attendance is free, but places must be reserved in advance. For more details, and to book a place, visit https://www.lovewell-blake.co.uk/events/event/charities-workshop-4-how-to-manage-risks-incuding-fraud-4.