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Charity Accounting Course

Super Saver Offer! CPD Accredited| Interactive Lessons| Free ID Card & Assessment Included| 1 Year Access


Academy for Health & Fitness

Summary

Price
£12 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
365 days
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • CPD Accredited Certificate  - £10
  • CPD Accredited Certificate  - £29
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

☞☞ Our Aim Is Your Satisfaction! Offer Ends Soon; Hurry Up!! ☚☚

Are you looking to improve your current abilities or make a career move? Our unique Charity Accounting course might help you get there! Expand your expertise with high-quality training - study the Charity Accounting course and get an expertly designed, great-value training experience. Learn from industry professionals and quickly equip yourself with the specific knowledge and skills you need to excel in your chosen career through the Charity Accounting online training course.

The Charity Accounting course is broken down into several in-depth modules to provide you with the most convenient and rich learning experience possible. Upon successful completion of the Charity Accounting course, an instant e-certificate will be exhibited in your profile that you can order as proof of your skills and knowledge. Add these amazing new skills to your resume and boost your employability by simply enrolling in this course.

This Charity Accounting training can help you to accomplish your ambitions and prepare you for a meaningful career. So, join us today and gear up for excellence!

Why Prefer Us?

  • Opportunity to earn a certificate accredited by CPDQS.
  • Get a free student ID card!(£10 postal charge will be applicable for international delivery)
  • Innovative and Engaging Content.
  • Free Assessments
  • 24/7 Tutor Support.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

Take a step toward a brighter future!

*** Course Curriculum ***

Here is the curriculum breakdown of the Charity Accounting course:

*** Course Curriculum ***

Here is the curriculum breakdown of the Charity Accounting course:

Module 01: The Concept of Charity Accounting

  • The Charity Sector in the UK
  • Types of Charities
  • Structure of Charities
  • What Is Charity Accounting
  • Introduction to Statement of Recommended Practice (SORP)
  • The Intended User of the SORP
  • Objectives of the SORP

Module 02: Accounting Standards, Policies, Concepts and Principles

  • Accounting Standards and Policies
  • Concepts and Principles of Charity Accounting
  • Selection of Accounting Policies
  • Compliance with the SORP
  • Reporting Requirements for Different Types of Charities

Module 03: Fund Accounting

  • What Is Fund Accounting?
  • General Principles of Fund Accounting
  • Different Types of Funds
  • Transfers Between Funds
  • Fund Disclosures in the Notes to the Accounts

Module 04: Charity Reporting and Accounts

  • Types of Charity Accounts
  • Receipts and Payments
  • How Receipts and Payments Accounts Work
  • What to Include in the Receipts and Payments Accounts
  • Accruals
  • How Accruals Accounts Work
  • What to Include in the Accruals Accounts

Module 05: Trustees’ Annual Report

  • Overview of the Trustees’ Annual Report
  • Purpose of the Trustees’ Annual Report
  • The Preparer of the Trustees’ Annual Report
  • The Content of the Trustees’ Annual Report for All Charities

Module 06: Balance Sheet

  • What Is a Balance Sheet?
  • Structure of the Balance Sheet
  • Headings Used in a Balance Sheet
  • Fixed Assets
  • Current Assets
  • Liabilities
  • Funds of the Charity

Module 07: Statement of Financial Activities

  • What Is a Statement of Financial Activities (SoFA)?
  • Structure of the SoFA
  • Headings Used in the SoFA

Module 08: Understanding the Income Streams and Expenditure of Charity

  • Income
  • Understanding the Nature of Income
  • Various Sources of Income
  • Expenditure
  • General Rules of Liabilities and Expenditure
  • Charitable Expenditure
  • Non-charitable Expenditure

Module 09: Statement of Cash Flows

  • What Is the Statement of Cash Flows?
  • Structure of the Statement of Cash Flows
  • Cash Flows Included as Operating Activities
  • Cash Flows Included as Investing Activities
  • Cash Flows Included as Financing Activities
  • Methods of Compiling the Statement of Cash Flows
  • Template for a Statement of Cash Flow

Module 10: Taxation for Charities and External Scrutiny

  • Taxation for Charities
  • What Is Tax Relief
  • Scrutiny of Accounts
  • Independent Examination of Accounts
  • Audit

Module 11: Things to Look Out for in Post Covid Situation

  • The Aftermath of COVID-19
  • Trustees’ Annual Report Including Risk Reporting
  • Going Concern Considerations
  • Fund accounting Considerations
  • Considerations for Financial Statements on a Going Concern Basis
  • External Scrutiny Considerations

Assessment Process

Your skills and knowledge will be tested with an automated multiple-choice assessment or with an optional assignment. You will then receive instant results to let you know if you have successfully passed the Charity Accounting course.

Who is this course for?

Anyone interested in learning more about the topic is advised to take this Charity Accounting course. This course is open to everybody.

Requirements

You will not need any prior background or expertise to enrol in this course.

Career path

After completing this course, you are to start your career or begin the next phase of your career.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

CPD Accredited Certificate 

Digital certificate - £10

CPD Accredited Certificate 

Hard copy certificate - £29

If you are an international student, then you have to pay an additional 10 GBP as an international delivery charge.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.