In this webinar, Liz Brownsell, Partner and Head of Birketts’ Charities Team used illustrative examples to help delegates to understand the seven principles of the Charity Governance Code and how to use and apply the Code in practice.
Liz was joined by Nick Murphy, Head of Charities at Tilney Smith & Williamson, who provided some additional insight into Financial Risk Management.
Here are the timestamps to guide you through our video:
1:20 Introduction to the code
2:54 Foundation Principle
4:24 Organisational purpose
5:08 Strategy and planning
6:30 15 questions trustees should ask
7:15 Leadership
7:48 Leading by example
10:11 Integriry
11:17 Ensure the right to be safe
14:00 Conflicts of interests
16:39 Decision-making, risk and control
16:53 Decision-making
19:04 Delegation
20:57 Practical aspects of the Governance Code
21:45 Identifying risks
22:54 Scenario analysis
23:05 Mapping and monitoring
23:30 Why consider emerging risk?
23:45 Scenario 1
24:57 Scenario 2
25:42 Reserves policy
27:33 Establishing an investment policy
30:52 Board effectiveness
37:08 Equality, diversity and inclusion
39:18 Openness and accountability
39:54 Engagement
42:08 Questions?
Disclaimer: Please note that content and advice provided is correct as of date of recording.
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