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.