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Finance Demystified

15 October 2014

In the context of the current business environment in the housing sector, board members’ responsibilities have never been more important – meaning it is vital to have a sound appreciation of the financial well-being of the housing association’s business.

This publication is not meant to convert board members into financial experts but to assist in understanding the financial position of the organisation and to have an adequate grasp of financial terminology and concepts.

Each section features a brief commentary on the expected outcomes for board members after reading it, and in most sections, additional text specifically aimed at those with a higher level of knowledge of financial matters.

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