Accounting for Charities

by Steve Collings

Charities have different financial statements, different laws governing them, and different aims and mission statements. This course demystifies the accounts of charities and ensure you are equipped to deal with the rules and regulations that apply.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Get to grips with the vast and complex rules and regulations governing charities.
  • Prepare a statement of financial activities, a balance sheet and cash flow statement.
  • Understand the difference between the role of the independent examiner and the auditor, and how independent examinations work.
  • Deal with dually registered charities.
  • Remain within the law when dealing with clients that are, potentially, breaking them, and report on matters of material significance.

About the course

Regular company accounts and charity accounts are very different. They have different financial statements and different laws governing them. Accounting and audit issues in charities are complex and have become increasingly specialised in recent years.

This course demystifies the accounts of charities and ensures you are equipped to deal with the rules and regulations that apply. It gives an overview of charity reporting and highlights some of the pitfalls to avoid when preparing and approving charity financial statements.

Look inside

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Contents

  • Frameworks and examinations
    • Charities Act 2022
    • Key regulations
    • Financial reporting framework
    • Independent examinations
    • Finding the examiner
    • Appointing an examiner
  • The financial statements
    • More of a statement
    • The statement of financial activities
    • Format of the SoFA
    • The balance sheet
    • Inspecting the accounts
    • The cash flow statement
    • Fund accounting
  • The role of the independent examiner and auditor
    • The role of the independent examiner
    • Independent examinations in England and Wales
    • Independent examinations in Scotland
    • Independent examinations in Northern Ireland
    • Reporting by the examiner
    • The role of the auditor
    • Carrying out an audit of a charity
    • Reporting by the charity's auditor
  • Dual registration and other matters
    • Dual registration
    • Dealing with dual registration
    • Anti-money laundering considerations
    • Reporting matters of material significance
    • It's a trap!
    • Resigning from a charity

Author

Steve Collings

Steve Collings is the audit and technical director at Leavitt Walmsley Associates Ltd, Cheshire. He specialises in UK GAAP, IFRS, Solicitors Accounts Rules and auditing and is also a nationwide lecturer on these subjects.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your teamís needs
Learn moreLearn moreLearn more
Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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