Join the first in our Trust & Transparency Thought Leadership events of 2022.

Reserves Policy - Are there new demands on reserves post-pandemic? 

Changing perspectives on reserves post COVID-19, PwC Ireland has had a huge amount of queries and interest from clients on the whole topic of reserves and “how much is enough” particularly over the last 12 months. Many charities have been re-thinking their reserves policies in the context of the COVID-19 global pandemic and in the context of other changing priorities, such as ESG (Environmental, Social, and Governance) commitments.

In this session Aisling Fitzgerald, Director at PwC Ireland, will discuss the Charities Regulator's views on reserves, the important distinction between “Restricted” and “Designated” Funds, and the two main types of post-COVID reserve - “Operational Reserve” and “Sustainability Reserve”.

Facilitator: Aisling Fitzgerald, Director at PwC Ireland

ACA qualified, I have over 20 years experience in practice with a broad range of assurance and advisory experience in not-for-profit, manufacturing, pharma, technology, retail, construction, and local government sectors. I am a signing Director within the International & Domestic Assurance Practice in PwC and head up our Not for Profit practice. I have significant experience dealing with matters of governance and compliance and am currently working with a number of not-for-profit organisations on matters such as regulatory compliance, governance, structuring of activities, accounting framework, and Charity SORP transitions.
I have given a number of presentations and workshops to various not-for-profit audiences, board members, and other groups and also liaise closely with the Charity Regulators Office on matters of interest..