Learn how to support and assist the economics of UK charities when you take this comprehensive course on Charity Accounting. Like any structured organisation that looks to raise money, rules and regulations have to be observed regardless of the lack of profit and admirable intentions. You can discover how to legally and ethically manage costs for a charity and ensure that the funds end up with the vulnerable people that need them.
Each learning module has essential information and guidance gained from industry experts in this area and tips on appropriate financial management. You will be introduced to the fundamental principles of charitable accounting and the regulations that need to be observed. Therefore, this training will include references to different UK charities, recommended practices, accountancy standards, legal funding methods, money transfers, types of charitable bank accounts, trustee reports, balance sheets, acceptable expenditure, and much more. A masterclass in taxation and advice on Covid-19 precautions are also provided for the complete learning experience.
By completing the Charity Accounting course, you will be capable of effectively handling the finances of a non-profit organisation whilst observing UK financial regulations. This can help you gain the skills and knowledge needed to become a trusted fund manager for a charitable group.
This course is designed to provide a comprehensive guide to managing an organisation’s finances specialising in charity work. It provides an excellent way to gain the understanding and capability to control the accounts being used for good causes. Full-time and part-time learners are equally supported, and it can take just 20 to 30 hours to gain accreditation, with study periods being entirely customisable to your needs.
Assignments relating to charity taxation and expenditure calculations will be given to all students and must be completed to pass the course successfully.
|Module 01: The Concept of Charity Accounting|
|The Concept of Charity Accounting||00:23:00|
|Module 02: Accounting Standards, Policies, Concepts and Principles|
|Accounting Standards, Policies, Concepts and Principles||00:25:00|
|Module 03: Fund Accounting|
|Module 04: Charity Reporting and Accounts|
|Charity Reporting and Accounts||00:25:00|
|Module 05: Trustees’ Annual Report|
|Trustees’ Annual Report||00:26:00|
|Module 06: Balance Sheet|
|Structure of the Balance Sheet (PDF)||00:05:00|
|Demo Balance Sheet [Excel File]||00:00:00|
|Module 07: Statement of Financial Activities|
|Statement of Financial Activities||00:24:00|
|Demo Statement of Financial Activities [PDF]||00:05:00|
|Statement of Financial Activities [Excel File]||00:00:00|
|Module 08: Understanding the Income Streams and Expenditure of Charity|
|Understanding the Income Streams and Expenditure of Charity||00:21:00|
|Module 09: Statement of Cash Flows|
|Statement of Cash Flows||00:21:00|
|Template for Statement of Cash Flows [PDF]||00:05:00|
|Template for Statement of Cash Flows [Excel File]||00:00:00|
|Module 10: Taxation for Charities and External Scrutiny|
|Taxation for Charities and External Scrutiny||00:20:00|
|Module 11: Things to Look Out for in Post Covid Situation|
|Things to Look Out for in Post Covid Situation||00:19:00|
|Assignment – Charity Accounting||00:00:00|