The Treasurer Isn’t Enough: Shared Financial Responsibility for Charity Boards
Description
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It’s easy to breathe a sigh of relief when there’s a treasurer on the board, someone who “gets the numbers.” But what happens when the rest of the trustees mentally check out? In this episode of The Nonprofit Bookkeeper, host Aishat Idris explores the risks of over-relying on your treasurer and why financial oversight must be a team sport. Whether you have a finance background or not, every trustee has a role to play in safeguarding the charity’s resources.
KEY TAKEAWAY
- Trustees share financial responsibility equally.
- Over-reliance on one person creates blind spots and risk.
- Non-finance trustees add value.
- Finance doesn’t have to be scary.
- Strong treasurers foster team thinking. They simplify complexity and invite input, not just deliver reports.
BEST MOMENTS
- “"Every trustee's voice matters.”
- “The treasurer is not a shield.”
- “Finance is a team sport”
EPISODE RESOURCES
📩 Want to help shape a trustee finance resource? DM Aishat on Instagram @npbookkeeper
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice –BAnC Services – which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits, while also shining a light on the often unseen and unheard efforts that uphold the delivery of a non-profit’s mission.
She is the author of Money Solutions for Single Mums and Charity Finance from A to Z – a practical guide designed to demystify finance for those working in the charity sector.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers in navigating financial challenges and champions financial literacy among young Black adults. She thrives in conversations about money, empowerment, and purposeful work.
Work with Aishat: www.bancservices.co.uk
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