Financial monitoring of Cochrane Groups takes place annually. Monitoring is not an audit of Groups’ accounts, but a data-gathering exercise that builds a picture of Cochrane’s ‘financial health’ year on year. It enables the Central Executive to provide information to the public about who funds Cochrane, the collective monetary cost of the organization’s work, and the number of people involved in group activities. It supports the preparation of statistics about Groups in order to benchmark operations and identify best practice. And it also identifies whether groups are operating sustainably, highlighting any actual or potential resource issues. This is the kind of fundamental information that the Steering Group needs in order to make strategic decisions about how to allocate core funding annually, and will be particularly important as we seek a better understanding of the feasibility and timelines for making structural changes to Cochrane Groups.
The 2016 financial monitoring of Cochrane Groups is taking place from Tuesday 14th June to Friday 8th July 2016. All registered Cochrane Groups should complete the financial monitoring form for their last complete financial year. This includes registered Branches and satellites of Groups. More information and a link to the reporting survey is available here.
A summary of the data will be publically available by the Seoul Colloquium in October. Specific details about Groups will remain confidential.