Charities: reserves policy, setting and implementing
Weather protection
Pesh Framjee, Partner, Global Head of Non Profits
The tough economic times are forcing charities to look hard at their reserves policy, with a particular focus on when and how they might need to draw down on reserves.
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Focus
- What are free reserves?
- Selecting and implementing a reserves policy:
- income
- expenditure
- the nature of reserves
- sensitivities and risk.