FGAP

Finance and Governance Advisory Panel

FGAP combines the particular skills and experience of some of the RSCDS's members to support the Management Board. The Management Board, by its very nature, comprises enthusiastic dancers and musicians, who cannot always be expected to have all the necessary skills and experience to run a significant charity with an international dimension. Equally, the Management Board, when it meets, is not able to devote the time to studying the finances and accounts of the RSCDS, as FGAP can and does.

The Panel’s remit is to meet at least twice a year to support and monitor the processes for business planning, financial budgeting and reporting, to scrutinise organisational plans and arrangements for good corporate governance (in particular risk management).

This involves review of the quarterly and annual accounts. The RSCDS's annual published report and accounts now stretches to around 35 detailed pages, indicative of the current legal reporting requirements and responsibilities of charities.

The Panel currently comprises the Treasurer (Management Board member) who chairs the meetings, and four members approved by the Board. The RSCDS Chairman, Chairman Elect, Office Manager and Finance Manager may also attend the meetings.

The current members on FGAP are: