While our HelpOurScheme tools and assessments will help you identify the key areas of vulnerability/ weakness/risk in your Community Scheme, it will not provide a simple, final solution.
It is vital that Trustees/ Directors/ Estate Management/ Office Bearers work with employees to address the identified areas of weakness/vulnerability/risk. The same applies to Professional Managers/Consultants/ Accountants and Managing Agents.
While the HelpOurScheme tool will give useful guidance on how to manage the areas of weakness, this will require a degree of commitment on the part of all stakeholders to ensure that policies, procedure and practices are adopted to fully resolve the issues. It is also critical to ensure that all parties have clearly defined roles and responsibilities.
An example of this could be financial discipline. While HelpOurScheme will identify the need for greater financial controls (e.g. budgeting and expenditure discipline) and give guidance on how to improve these controls, only the responsible trustee/ directors (and chair), estate management/staff and professional managers/accountants/ managing agents can actually ensure that suitable polices (e.g. around zero-based budgeting or management accounts) are implemented and continuously followed.