Finance
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Charity Accounting

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Course Features

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Duration

4.27 hours

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Delivery Method

Online

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Available on

Lifetime Access

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Accessibility

Mobile, Desktop, Laptop

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Language

English

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Subtitles

English

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Level

Intermediate

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Teaching Type

Self Paced

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Video Content

4.27 hours

Course Description

This comprehensive course in Charity Accounting teaches you how to support and help the economics of UK charities. Rules and regulations must be followed, regardless of whether there is profit or admirable intentions. It is possible to learn how to ethically and legally manage costs for a charity so that funds go to the people who need them.

Each module contains essential information and guidance from industry experts and tips on financial management. The fundamental principles of charitable accounting will be explained to you along with the regulations to be followed. This training will cover the basics of charitable accounting and include references to UK charities, recommended practices as well as legal funding methods, accountancy standards, legal fund methods, money transfers, types, types of charitable bank accounts, trustee reports and balance sheets. It will also address acceptable expenditure. For the complete learning experience, a masterclass in taxation is offered along with advice on Covid-19 precautions.

Course Overview

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Post Course Interactions

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Instructor-Moderated Discussions

Skills You Will Gain

What You Will Learn

Balance charity income with necessary expenditure

Conforming to taxation expectations and assessment by regulatory bodies

Explain how to use funds and charity accounts to accrue transparent finances

Learn how to maintain essential trustees reports and balance sheets for inspection

Understand the Statement of Recommended Practice (SORP)

Course Accreditations

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