ILSS TIPS
For board members, understanding an SPO’s financial health requires looking beyond the numbers on its financial statements. Kavita Gunderia and Urmila Sampath offer a practical guide to reading SPO financials, highlighting the importance of unrestricted funds, reserves, committed grants, corpus and cash flow. The article also outlines the financial information boards should regularly review to make informed decisions and anticipate risks.

Kavita Gunderia and Urmila Sampath
Partners, LTM Advisors LLP
ILSS TIPS
The FCRA Amendment Rules, 2026 introduced significant changes to how nonprofits register, report and demonstrate compliance. Shanthi Lakshmanan breaks down the new requirements and offers a practical checklist to help organisations prepare for the changes.

Shanthi Lakshmanan
Chief Financial Officer, The Convergence Foundation
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