In this blog, we show you the importance of regular governance reviews and how to complete them more effectively.
Charity boards are expected to undertake regular governance reviews. These are not compulsory, however best practice suggests that you should complete an internal review of governance arrangements in your charity at least annually.
You should also undertake an external review every three to five years.
The Charity Commission states that “Charity trustees are the people who are legally responsible for the control, management and administration of a charity.” Trustees of incorporated charities also have legal duties and responsibilities as company directors. By undertaking regular governance reviews (and acting on them), trustees can reduce their personal risks by demonstrating how they meet the requirements of their role.