Guests heard from Victoria Simpson (Director and Head of Charities, Anderson Strathern) with some practical tips for safeguarding procedures:
- Legal and regulatory duties within safeguarding
- Keeping staff and volunteers safe
- Reputational elements to safeguarding
- Promoting good practice
- Working safely in partnership with others
Elaine Parr (Senior Manager and Head of Charity Services Team, AAB) explained how a reserves policy is an essential internal tool for financial management and goes far beyond annual reporting:
- What are reserves and how do they differ from funds?
- Factors to consider in setting a reserves policy
- The importance of regular review of reserves’ policy and levels
- Considering reserves levels when assessing going concern
- Reporting on reserves in the Trustees’ Annual Report