When life gives you lemons who’s going to come to your charity’s aid?

Navigating the impact of the cost of living crisis is now a mission in itself for charities. With likely loss of income they are under increasing financial pressure to deliver their services, often when fulfilling a need where beneficiaries are dependent on them for support. If they are to succeed in their true mission, however, sustaining these services hinges on securing the right support for their financial management, for the sake of their own long term futures.

So, with an ever-growing need to demonstrate accountability and responsibility, an experienced charity accountant should undoubtedly be the first port of call for that support, to ensure the robustness of a charity's financial infrastructure, its good governance and that the integrity of its reporting is maintained.

By recommending systems that will safeguard your organisation's assets and avoiding unnecessary risk, not only will your chosen accountancy firm help protect your charity's reputation, but with necessary levels of transparency, will as a result, foster trust among stakeholders, as you consistently remain compliant.

At GSM we offer unmatched service and deliver the highest standards of audit quality and charity accounting expertise, focusing on providing pragmatic solutions to challenging issues, maximising income and minimising costs, mitigating your exposure to tax along the way.

Partnering with an experienced firm can bring significant benefits to advance your mission. They'll provide invaluable insights, purposeful projections and streamline systems that empower your charity to make strategic decisions and the right tactical decisions to optimise resources, identify potential risks, or take advantage of new opportunities.

Importantly, by entrusting your financial management to experts in charity accounting, your accountant can proactively encourage efficient resource management to direct funds towards your core activities.

So when reality bites, as a result of the cost of living or any other crisis, it will be your proactive yet prudent accountant who can turn those lemons into something all together sweeter. To discover how we can do so at GSM, contact us today on 020 7935 3793