Prudence

Vision, mission and values

The Management Committee of the organisation has the responsibility for both establishing and protecting the overarching purpose, fundamental values and ethical principles which govern the activiti

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A basic guide to financial sustainability and full cost recovery, produced by Community Change.

Advice Note: Insurance (NICVA)

A guide to insuring your organisation. Produced by NICVA Member Services.

Demonstrating accountability

The Management Committee is not only required to be accountable, but to be able to demonstrate this to stakeholders through ensuring that appropriate systems and procedures are in place.

What is liability?

The Management Committee is ultimately accountable for the organisation.

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Facing closure

This must be the worst situation for Management Committee members (as well as for everyone else who is part of the organisation), but unfortunately, closure does happen.

Strategic options in managing change

Thinking strategically as a management committee involves analysing the organisation's internal and external environment and being responsive to change. Sometimes the challenges which these present will require making some difficult decisions regarding activities, services or the overall role or function of the organisation.

In these circumstances, the committee must be able to stand back and take a strategic view of the options open to them.

Monitoring and evaluation

The Management Committee is responsible for monitoring all areas of the organisation's activity, and for evaluating it to determine the impact, quality and effectiveness of its work. 

Financial oversight

Internal controls: The management committee/board should maintain and regularily review the organisation's system of internal controls, performance reportin

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