Attended by museum trustees and those working directly to a trustee board, this one day workshop was held in the glorious surroundings of the River and Rowing Museum at Henley-on-Thames.
The workshop included presentations and discussions of the following areas:
- Museum sector overview of financial challenges and support
- Compliance – what are your obligations?
- Understanding financial information
- Risk management and financial policies
- Museum Accreditation – governance and planning requirements
The speakers were:
- Rachel Cooper, Charity Finance Group. (Financial Strategy and Governance)
- Kate Hebditch, SEMD Accreditation Adviser (Museum Accreditation for Trustees)
- Elaine Sansom, SEMD Museum Development Officer (Sector overview for Trustees)
Please click links to download PDF versions of the presentations.
Rachel Cooper has provided the following information and links to the additional resources discussed during the workshop:
- WYCAS – a community accountancy organisation who have developed a wealth of materials for smaller organisations including a very straightforward financial procedures manual. You have to sign up – but it’s all free https://www.wycas.org.uk/help-advice/good-practice-guides/
- The National Council for Voluntary Organisations (NCVO) financial management information was also set up for smaller organisations https://knowhow.ncvo.org.uk/organisation/financial-management The financial procedures manual is a bit more comprehensive than the WYCAS one. https://knowhow.ncvo.org.uk/tools-resources/financial-procedures-manual. Small museums can join NCVO for free and access its resources.
- Sayer Vincent – produce Made Simple Guides: http://www.sayervincent.co.uk/resources/made-simple-guides/ Participants may be particularly interested in Tax Issues for Arts Organisations https://www.sayervincent.co.uk/wp-content/uploads/2018/10/SV-MS-TaxForArtsOrganisations-Aug2018.pdf