Course description
The nature of charities mean they often undertake transactions that aren’t directly addressed in accounting standards. The Charities SORP aims to bridge such gaps by providing additional requirements and application guidance, but the diversity within the charity sector means there are still challenging areas where the ‘correct’ approach is far from obvious.
Presented by leading trainer Richard Hemmings, this virtual classroom session uses real-life examples to reflect on aspects of charity accounting that are unique to charities and can be challenging to apply in practice.
It is aimed at those involved in the preparation of charity financial statements either in an accountancy practice or within a charity.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The nature of charities mean they often undertake transactions that aren’t directly addressed in accounting standards. The Charities SORP aims to bridge such gaps by providing additional requirements and application guidance, but the diversity within the charity sector means there are still challenging areas where the ‘correct’ approach is far from obvious.
This virtual classroom session uses real-life examples to reflect on aspects of charity accounting that are unique to charities and can be challenging to apply in practice.
It is aimed at those involved in the preparation of charity financial statements either in an accountancy practice or within a charity.
What You Will Learn
This live and interactive course will cover the following:
- Summary of the Charities SORP
- The trustees’ annual report
- Accounting for income
- Fund accounting
- Social investments
- Related party and other disclosures
- Future developments
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...