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Post Info TOPIC: Charity accounting
abacus12345


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Charity accounting
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Hey,

 

I'm looking into getting a low-down on charity accounting, do you have any good links?

 

I have pulled the last submitted at Companies House, for this particular charity and I'd like to get to grips with some of the terminology.

 

If you work with a charity are there any major bookkeeping differences?

 

This role is a supervised gig as such, but I'd still like to have a basic grasp. 

 

Thanks 

 

 

 

 

 

 

 



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Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
Cheshire


Master Book-keeper

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Hi Johnny
Oh well done you on the new gig!

Im sure you will have located these already:-

www.icaew.com/en/library/subject-gateways/accounting/accounting-by-industry/charities-sorp

www.charitysorp.org/

Charities commission used to have some good info but Ive not looked in a good while.

www.gov.uk/government/publications/charity-reporting-and-accounting-the-essentials-november-2016-cc15d/charity-reporting-and-accounting-the-essentials-november-2016-cc15d--2

Maybe try this one www.gov.uk/prepare-charitys-annual-accounts

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
abacus12345


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Excellent, thank you very much. The ICAEW link is just what I'm after. Interesting. Quite a lot to think about - especially with all the varying types of funds. Thanks again.

__________________

Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
Cheshire


Master Book-keeper

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Posts: 8646
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My pleasure!! Bit of light reading, which I know you love!

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
abacus12345


Guru

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Posts: 1363
Date:
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Ha yes. I'm still working my way through your links!

I used to think charities survived hand to mouth - some have some serious funds.



__________________

Johnny  - Owner of an overly-active keyboard. 

A man who can read, yet doesn't, is in no way wiser than a man who can't.

 
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