Finance | Diane Sim | 2 Jul 2009

It’s been a tough time for charity finance directors over the last year and the next 12 months show few signs of respite.

Against a backdrop of economic recession, charities are suffering from low or no interest on bank deposits, falling yields on investments and downward pressure on funding sources. As income falls, or at least threatens to, cost control is key according to the findings of our inaugural survey of the finance function.