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Good Governance from Martin Aitken & CO

Martin Aitken & Co, Caledonia House, 89 Seaward Street, Glasgow G41 1HJ.
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Martin Aitken & Co, Glasgow

October 2, 9:00am-11:00am

(Registration & refreshments from 8.30am)

Good governance is fundamental to a social enterprise’s success. It should facilitate excellent performance and promote a culture where everything and everyone is working towards achieving the enterprises’ vision and objects, but it is not an end in itself.

Many people on social enterprise and charity boards are volunteers. But being a volunteer doesn’t equate to being an amateur. Many social enterprises are receipt of public funds, and with that they are charged with ensuring that not only is the money put to good use, but the structures, controls and procedures that govern how that money is used will stand up to professional scrutiny and oversight.

Do all of your directors and/or trustees understand governance and the range of potential risks that the enterprise could face? Does the enterprise have appropriate controls, strategies and action plans in place to address the identified risks?

In other words, are you governing the enterprise effectively and will it stand up to challenge?

What will the session cover?

  • Governance – what is it and what’s involved e.g. organisational purpose, leadership, board behavior, control and effectiveness (taking into account the Scottish Governance Code for the Third Sector)
  • Directors and Trustees roles and responsibilities.
  • Financial controls and risk management – establishing the right foundations that will enable the enterprise to become sustainable and resilient.
  • Getting the principles of good governance embedded into the organisation.
  • Financial accounting, external audit requirements and the Directors/trustees annual report.
  • Recurring themes and pitfalls: risks and everyday challenges that will arise from your day-to-day operations, their impacts and taking preventative and corrective actions.

Who should attend?

Directors, trustees and financial managers from social enterprise: start-ups, early stage and social enterprises looking to take their business to the next level.

Session hosts

Martin Aitken & Co work with pre-start, start-up, early stage and rapidly growing companies, charities and social enterprises. Our work involves helping the enterprise to get up and running, commercialise their business idea(s) and run and manage the enterprise on a sustainable basis.

Working with the team at Glasgow Business Gateway we provide directors, owner-managers, trustees and finance managers with advice on accounting, finances, raising funding, taxes, business planning and advising directors on the best financial choices to make at each stage of growth.

Presenters: Adrienne Airlie, Director and Gavin Curr, Associate Director.

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