Charity accounting (March 2024)
AAT Masterclass
Delve deep into the world of charity accounting and gain expert insights on financial reporting, fund accounting, and trustees' annual reports with our immersive Charity accounting masterclass led by industry specialist James Charlton.
Course Type
Video on demand
Length
1 day
What you’ll achieve
This training will cover not only the technical understanding needed to work in the preparation of charity accounts but also essential guidance on some of the more common pitfalls that can occur. This will allow you to not only take away practical skills that you can start to implement immediately but also to advise and support your business or clients.
Discover the essential principles and practical applications of charity accounting in our intensive one-day masterclass. Led by renowned expert James Charlton, this comprehensive training will equip you with the necessary knowledge to navigate charity financial reporting regulations, handle income recognition challenges, and understand charity-specific balance sheet considerations. Whether you're a professional working with non-profit organisations or considering venturing into the charity sector, this session is invaluable for enhancing your accounting skills and advising clients effectively.
This course is ideal for members in practice with clients in the charity sector, as well as those in finance teams working with non-profit organizations.
If you are thinking about taking on these clients or would like to understand the specialised knowledge of the unique accounting and financial aspects of non-profit organisations and charities, don’t miss this session.
This webinar does not deal with charity taxation issues.
Meet the Speaker(s)
James Charlton
James Charlton
James is an experienced trainer, file reviewer and consultant. He has delivered courses on behalf of various professional accountancy bodies in the UK, as well as providing in-house training for accounting and audit firms. His specialisms are financial reporting (both UK GAAP and IFRS), audit and he has a particular interest in the charity sector. In addition to training, James undertakes both cold and hot file reviews for audit practices, ranging from single partner to UK Top 50 firms.
James previously worked as an Audit Technical Manager at a UK top 10 firm, providing financial reporting and audit technical advice to the audit and accountancy departments, writing and reviewing technical materials for the practice, and performing engagement quality control reviews on audit files.
Read moreOverview
Video on demand |
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1 day |
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Charity Accounting |
Syllabus
Overview of charity financial reporting regime:
- exploring the Charity SORP and its implications
- understanding the charity annual report.
Fund accounting and statement of financial activities:
- applying fund accounting principles
- analysing key challenges in the Statement of Financial Activities.
Balance sheet considerations for charities:
- examining charity-specific balance sheet requirements.
Trustees’ annual report:
- understanding reserves policy and fundraising disclosures.
How to access
Once purchased you'll be able to access the AAT Learning Portal where you'll have 12 months from the date to access the learning materials. AAT Learning Portal allows you to view all the courses you've purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.