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Charities are being invited
to participate in the third annual Charities Risk Management Survey conducted
by the Charity Finance Directors Group (CFDG) and accountants PKF.
As in previous years,
the survey will focus on managing and reducing the risks faced by the
charity sector, looking at everything from reputation, ineffective management
and IT failure, to willingness to take on risk and strategic direction
development.
Last year over 400
charities took part in the survey, which showed that while risk management
was cited as a major factor in investment decisions by more than 70% of
respondents, less that half had a business continuity plan to cope with
technical, natural or financial disasters, less than 20% had a fraud response
plan and only a third had a media plan to protect their reputation in
the event of adverse publicity.
For the first time
this year, charities will be able to respond online at www.pkf.co.uk/charitiessurvey.
They can also continue to submit questionnaires by post. Hard copies are
available from Janette O'Byrne on 020 7065 0318.
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