On Tuesday, November 19th, the ISOLA Foundation, in partnership with the Kusuma Trust, hosted the first of a series of six workshops for local charities titled "Accounting and Its Importance for Charities." The first workshop was delivered by Jose Julio Pisharello, former Senior Partner at EY and a specialist in working with Charitable Organisations.
The workshop attended by over 30 representatives and hosted by ISOLAS LLP covered the crucial aspects of good governance and practice, including effective communication of financial information, ensuring financial transparency, accurate reporting, and maintaining a strong reputation and credibility.
Expressing his gratitude for the initiative, Jose Julio commented, "I am grateful to the PJ ISOLA Foundation and Kusuma Trust for this fantastic initiative. I was delighted to participate and provide guidance to charities. The event was very engaging and useful, both as an opportunity for local charities to learn about the importance of accounting, but also to hear about the issues that charities face with submitting financial accounts and reports. Collaborating with charities to address common challenges of financial reporting will undoubtedly be key for them to enhance reputation and credibility."
The Hon Albert Isola CBE added, " This series of workshops will be hugely useful to these Charities in improving and enhancing their operational models. I am delighted we have been able to help put these together. We have to be very conscious that we are dealing with other people's money, and that comes with the responsibility to ensure we are fulfilling our commitments in the way we promised, and we are accountable for it. Transparency and proper accounting are a critical part of the process that give the people the trust to donate to these charities.
The Kusuma Trust Gibraltar extends its sincere thanks to Jose Julio for delivering such an informative workshop. His expertise and guidance were invaluable. We are grateful to all the charity members for their enthusiasm, collaboration, and support. We believe this workshop will have a significant positive impact on the financial management and governance of local charities.
Comments