Charities
Does your organisation meet the legal requirement for charities in relation to risk management?
According to the Guide for Trustees on Charities and Risk management published in June 2010:
“Charities that are required by law to have their accounts audited must make a risk management statement in their trustee’s annual report confirming that ‘…the charity trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks’.
Major risks are those that have a major impact and a probable or highly probable likelihood of occurring. If they occurred they would have a major impact on governance, operations, finances, environmental or external factors such as public opinion or a relationship with funders, and finally a charity’s compliance with law or regulation.”
- Have you considered how a loss of operations, technology or key personnel could damage the confidence of your funders?
- Or inhibit you from continuing your daily business with people who rely on your services?
- Do you have measures in place to manage these risks? Try our Quick Test to see how your organisation measures up
Crisis Survivor can identify areas of risk, potential disruption and denial of access to your charity’s resources and then build a strategy to minimise the impact upon your services should any of those eventualities occur. Unlike other Risk Management consultancies, we don’t just leave you with a plan, in the event of an incident, we also provide the means to successfully invoke your Business Continuity Plan through our Immediate Crisis Management, getting your charity and services up and running again within a matter of hours. Call us for more information on how we can help.
“Charities that can demonstrate they have taken steps to keep down the risk of claims being made against them can benefit from lower premiums,” says Malcolm Tarling, Association of British Insurers, in Third Sector Magazine – Read the whole article.
Charities and Risk Management (CC26) – What is disaster recovery planning?
Find out more about more about this event and visit the ACEVO website to book your place.