Audit Committee Training

Accounting and reporting Governance, regulation and compliance Charity finance policy Risk

Wednesday 6 November 2019

BDO LLP
55 Baker Street
LONDON W1U 7EU

All charities need to monitor their governance and risk. Some do this through their trustee body, and some through committees like “finance and general purposes”. Increasingly, charities are also establishing separate audit committees to help in their governance processes, but there is no established framework for them in the charity sector.

This course introduces the main functions of audit committees and discusses their role in charities. It is a combination of presented material and discussion time.

Course content:

  • The role and composition of an audit committee
  • Guidance from the charity regulators and other sectors
  • Key issues: assurance, risk and reporting
  • The effective audit committee

Who should attend: 
Finance Directors, senior management, committee members, treasurers, trustees, from charities both with or without audit committees.

 

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Programme
13.00

Lunch and networking

14.00

Theory

Requirements of an Audit Committee
Regulatory framework
Official guidance
Guidance from other sectors
Key features
How useful is it?
What would it do in your charity?
What are the merits of separating out the audit element?

14.45

Practice

What charities are doing
Application in the sector
Practicalities
Working with other committees
Functions
What to look for in accounts
Who should be on your Audit Committee?

15.30

Refreshment break

15.45

Key issues

This session will allow the group to discuss the agenda topics in more detail

16.30

Session close

Prices
Charities - Members£75.00
Charities - Non-members£90.00
Community Leisure UK - Members£75.00
Community Leisure UK - members£90.00

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