The Accreditation Standard requires museums to be financially stable. These resources enable governing bodies to ensure that they are meeting the Accreditation Standard and the relevant financial regulations or standards.
This document provides updated guidance from the Charity Commission, ensuring charity trustees engage with and use finance guidance from the regulator to run their charities effectively. The guidance covers the importance of having a good reserves policy and how trustees can manage their charities in challenging circumstances. It states the responsibilities of trustees, including legal knowledge and understanding of good practice.
Clicking the link on this page will open this resource to view on the GOV.UK website.