Charities accounting: fund accounting, statement of financial activities and balance sheet (September 2024)
AAT Masterclass: Go back to basics with James Charlton.
Course Type
Video on demand
Date
04 Sep 2024, 09.30
Length
3 - 5 hours
What you’ll achieve
After attending this masterclass, you’ll:
- develop a deep understanding of the types of funds that must be reported and their significance to stakeholders
- take away practical tips and strategies to streamline your fund accounting processes, reducing costs and improving efficiency
- be equipped with the tools and knowledge to apply best practices in fund accounting.
About this course
Demystify financial reporting for charities in the second of two charity accounting masterclasses in our introductory course.
Industry expert, James Charlton, will walk you through the essential requirements of the Charities SORP. You'll gain a deep understanding of what types of funds need to be reported, and why it's crucial for your stakeholders.
Find out more about part one here: Charity accounting: legislation and trustees' report
This is the ideal masterclass for finance professionals seeking to bolster their charity offering or those who are simply looking for refresher.
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 |
|
3 - 5 hours |
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Charity Accounting |
Syllabus
Fund accounting:
identify and present different types of funds
explore types of funds, financial statement presentation, and disclosure.
Statement of financial activities:
understand the basic structure, income recognition challenges, and key expense disclosures.
Balance sheet:
address charity-specific issues and challenging areas.
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.
Meet the sponsor: Xero
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