Charity trustees save time by outsourcing finance

Our Approach 

• Identified during the audit process areas which the Trustees needed to focus attention on and following up on these in subsequent year 
• Reviewed monthly/quarterly management accounts 
• Provided ongoing bookkeeping support 
• Proactive in keeping Trustees up to date on development that may affect them 

The Outcome 

• Trustees have peace of mind that they can rely on the financial figures after a number of changes in accounting staff 
• Reduced time that the in-house staff need to spend on day-to-day bookkeeping activities 
• Trustees can plan effectively for the future and make investment decisions through provision of cash flow projections and being kept up to date on developments that may affect them 
• Introduced them to other services/contacts which relieved the administrative burden on the Trustees and accounting staff