Dominic Judge, Director of Governance Programmes at Education and Employers
Thank you to all those accountants who currently govern in a school or academy. If you don’t and you’ve ever thought about using your financial skills and experience to give something back to the next generation, there is no better way to do it than becoming a school governor or academy trustee. With such significant change in the economy and school structures, it is an exciting time to sign up and make a difference – through the DfE funded Inspiring Governance service.
Most charities are keen to recruit a chartered accountant to their board because their financial skills and business acumen can prove invaluable to building an organisation’s financial sustainability. In return, most trustees find their role rewarding, and enjoy learning new skills and building new networks.
Did you know only an estimated 10% of UK accountants volunteer their time and skills to non-profits each year? At Charterpath our mission is ambitious – to see 50% of all accountants giving two days a year to skills-based volunteering.
The Charity Commission’s latest findings on trust in charities show that the sector’s efforts during the pandemic have been noticed: public trust in charities in England and Wales is on the rise (now 6.4/10, up from 6.2 in 2020) and approaching its 2014 peak, and only doctors and the police scored higher than charities.
More than five years ago, Kids Company suddenly closed its doors and faced intense scrutiny and criticism for its financial management and governance. Now claims brought on by the Official Receiver against the charity’s former trustees, and its founder and former CEO Camila Batmanghelidjh, were thrown out by the court.
David Busby, Volunteer Services Manager at Accounting for International Development (AfID)
UK Social Enterprise Accounting for International Development have been sending accounting and finance professionals, including many ICAEW members, on volunteer assignments across the globe for more than 10 years. But what happens when overseas travel becomes impossible, practically overnight?
Cranfield Trust was founded in 1989 to provide pro bono management consultancy to UK charities using volunteers from the business community. Originally, this consisted of support with business plans, however there are now many ways to volunteer, especially for ICAEW members who have a wide range of transferable skills.
Now more than ever, volunteers are needed to support the charity sector through the challenging times ahead. Charities have seen their income from trading and community fundraising fall sharply during the coronavirus crisis and need help to balance their reduced resources with increased demand in the coming months.
In our second blog of Trustees Week, we celebrate more great work of ICAEW staff in voluntary board roles. Charity trustees and voluntary board members come from all walks of life. What can you do to make a difference today?
The charity Getting on Board has just launched free guidance for the charity sector: How to Recruit Trustees for your Charity – a Practical Guide. We asked CEO, Penny Wilson, what prompted the guidance and how it could help to change the way charity leaders are recruited.
All businesses need accountants – and that includes schools. From financial planning, to scrutinising budgets, to holding senior leadership to account, schools rely on their governing body. School governors are the largest volunteer force in education, but thousands of primary and secondary schools across the country need volunteers to bring their skills to a governing board.