In each part of the series, we take areas such as reporting, reserves and risk, and break down what these concepts really mean. From explaining the Charity Commission guidance to providing clear case studies and examples.
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Understanding uncertainty to safeguard your future.
The concept of risk management has been around for some time, and now organisations are looking for ways to get greater value out of the process.
Our Better Risk Management guide provides a detailed overview of the risk identification, assessment and management process. Beginning with an overview of ways to define and identify different risks, the guide then delves into traditional and modern risk scoring techniques before concluding with an insight into setting risk appetite and monitoring.
Podcast
In this episode of Crowe Casts the Better Risk Management authors, Naziar Hashemi, Partner, Head of Social Purpose and Non Profit and Richard Evans, Partner, Head of Risk Assurance come together to discuss key elements of risk management, the importance of integrating risk management processes and understanding into organisational culture, and practical insights on how organisations can enhance their risk management processes.
Using your accounts to maximise your story.
Keeping up with the ever-increasing compliance requirements while incorporating them into good reporting that brings to life the organisation's activities and performance is a challenge for most organisations.
Advice on best practices and framing to help you on your reporting journey.
Understanding your resources to safeguard your future.
Tough economic times are forcing charities to look hard at their reserves policy; with a particular focus on the appropriate levels and when and how they might need to draw down on them. This needs to be based on accurate knowledge, which incorporates analysis from different perspectives.
Outlining key considerations for formulating your policy, the reporting requirements, and what to do if you have to use your reserves.
Insight
In September 2024 the FRC published a revised edition of Financial Reporting Standard 102. A significant change is to Section 20, Leases, which now aligns with IFRS 16.
Read our comprehensive overview of the changes to lease accounting resultant from the latest iteration of FRS 102, providing further guidance along with our FRS 102 Lease Implementation Tool.
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