Risks and reserves policies are pair of policies that charities must adhere to as part of the requirements of the Charities SORP (Statement of Recommended Practice). They’re intrinsically linked; hence, we address them both in this one video, and each charity will have a unique approach to these topics depending on various factors.
Speaker: Edward Finch, Charity and not-for-profit audit partner
Introduction
Risk management
Reserves
Going concern
Conclusion
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