The road ahead
Reserves and cash are just two of the ‘Managing in a Downturn’ issues facing the sector, reveals Ian Oakley Smith
In November last year, PricewaterhouseCoopers (PwC), the Charity Finance Directors Group (CFDG) and the Institute of Fundraising (IoF) carried out the third of its ‘Managing in a Downturn’ surveys. The results of the latest one were published on 19 February, and continued to question the expectations of CFDG and IoF members, as well as focusing on changes in fundraising investments and strategies1.
Author: Ian Oakley-Smith
Ian Oakley-Smith is director of business recovery services and a member the charities team at PriceWaterhouse Coopers LLP.
He is a chartered accountant and licensed insolvency practitioner, specialising in the non-profit sector.
Ian is also a member of the ICAEW charities SIG committee.
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