The Accreditation Standard requires museums to be financially stable. This guidance from GOV.UK will enable governing bodies to ensure they are meeting the Accreditation Standard and relevant financial regulations or standards.
The resource provides information so that charities can prove that all the managers who deal with finances (including the authorised officials and responsible persons) are fit to run the charity. This is sometimes called the ‘fit and proper persons test’.
Clicking the link on this page will open this resource to view on the GOV.UK website.