Charity Reserves - from basics to best practice

Event information

Ben Clarkson from Parkinson's UK will draw on his many years’ experience as an employee and trustee in the charity sector to demystify the world of charity reserves. He’ll start with the basics, and cover how you can use best practice to give serious thought to how much your charity needs to hold in reserves, enabling you to move to a reserves-led approach to budget setting and financial planning.

Key benefits

• Why charities hold reserves.
• Best practice approaches to working out how much you need to hold.
• Using reserves to guide your financial planning.

About the speakers

Ben Clarkson FCPFA, Chief Finance & Operating Officer, Parkinson's UK Ben is Chief Finance and Operating Officer at Parkinson's UK, a role he took up in July 2024 which covers Data, Finance, Governance, Technology, and Programme Management. He was previously Chief Operating Officer at Asthma + Lung UK, and has also worked at the London Community Foundation and Macmillan Cancer Support. Before joining the charity sector over 12 years ago, Ben trained with the Audit Commission, and is a Fellow of CIPFA. He is also a trustee of Contact, the charity for families with disabled children, and Vice Chair of the CIPFA Charities and Public Benefit Entities Forum.

Session Chair: Kristina Kopic FCA DChA, Head of Charity and Voluntary Sector, ICAEW Kristina is a chartered accountant who has worked in and for the Not-for-Profit sector for over 15 years. Kristina trained at charity specialists Sayer Vincent and subsequently worked in finance roles at the Royal College of Nursing, Imperial College London and the Sainsbury Family Charitable Trusts. Kristina holds charity-specific qualifications in accountancy, law and governance and a Master in Voluntary Sector Management from Bayes Business School.

CPD hours

ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this webinar could contribute up to 1 hour of verifiable CPD, providing you can demonstrate that the content is relevant to your role.

A copy of the webinar booking confirmation email is accepted as evidence of verifiable CPD. You will need to save the email as a JPEG or PDF before uploading it to your record. Click here to use ICAEW’s self-assessment tool to help you work out how much CPD you will need to fulfil each year.

Costs

ICAEW members and non-members are welcome to join. This event is organised by the Charity Community. Please click here to join online.