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TAS Thought Leadership- Finance Paper

As associations wrap-up their financial year to 30th June 2020 and the ongoing uncertainty from the
COVID-19 pandemic continues to leave many associations unsure of their immediate outcomes, the
focus of the Board on financial management is of even greater importance than normal. This paper
aims to provide some guidelines for where Boards should focus their thinking and planning in the
coming months from a financial perspective. In particular, if you do not yet have a budget for the
financial year 2020/2021 then this should be an immediate priority. It does not have to be
complex, but it does need to be carefully considered, constantly reviewed and be the basis for
important decision-making moving forward. Read More..