Product Description

Demystifying charity accounting, this text uses case studies and sample accounts. It guides you through the accounting and reporting procedures required by the SORP (the Charity Commission's Statement of Recommended Practice), explaining how and why charity accounting is different from commercial accounting. It explains how to deal with the following areas: requirements within the annual accounts what should be included in the Annual Report performance measurement risk assessment developing a reserves policy investment policy grant-making policy restricted funds allocating costs tangible fixed assets related parties. There is also a comprehensive glossary of terms, and an appendix covering Accounting and Auditing Requirements for Charities. The book should be of interest to: accountants and finance managers; charity trustees, treasurers and chief executives; and accountants and finance workers new to the voluntary sector.

Product Details

• Amazon Sales Rank: #346010 in Books
• Published on: 2003-04-02
• Original language: English
• Binding: Paperback
• 160 pages

Customer Reviews

A good starting guide
This is a fantastic beginners guide for those who have a good general knowledge of accounting but know nothing of Charity accounting.

It explains with clear examples what needs to be done and is written in a clear if slightly dry manner. I have used it extensively since moving over from the commercial to the Chariy sector

Completely out of date due to law changes
Don't buy as this is now out of date due to two SORP changes in how charity accounts must be presented to the Charity Commission.