Charities- Approaching the Difficult Accounting Areas
The course is designed to review some of the more complex accounting areas with which charities have to deal. While there are a number of areas where charity accounts are very similar to those of other entities, the Charities SORP has some very specific and very different approaches which can be a cause for confusion and mistakes.
The session will take a practical look at such matters and use examples and case studies to illustrate the points.
Content will include:
- Income recognition
- Donated goods, facilities and services
- Recognising and allocating costs
- Remuneration disclosures
- Statement of cash flows
- Corporate charities – income and expenditure account
- Grant making activities
- Heritage assets
- Social investments
- Group accounting
- Accounting policies, changes in accounting estimates and prior period errors
The above content relates to 2021 events only.
We offer a range of solutions to meet your training needs. To discuss your memberships or bespoke packages needs contact us on 0330 058 7141 or email us.