Managing money effectively is an essential part of running a voluntary organisation, and as resources become ever more stretched and demand for services increases, it is vitally important that sound financial systems, procedures and policies underpin the work of all voluntary groups.

This section covers financial planning and systems, accounting and reporting, legal issues, tax, investments and reserves. It also provides guidance on avoiding fraud, and the why and how of full cost recovery.Managing money

Information sheets

Setting up a financial system
Setting a budget
Full cost recovery
Monitoring expenditure and budget
Financial controls
Annual accounts and audit
VAT
Payroll
Reserves
Pensions
Avoiding fraud
Ensuring you have a good reserve policy
How reserves should be invested
How to write a good investment policy