The first part of the day focuses on the basics of charity accounting and the afternoon examines more complex problems and emerging issues. Respected speakers from the sector will provide comprehensive coverage of the essential topics, including the requirements to comply with the Charities SORP, plus regulatory requirements and rules relating to direct taxation and gift aid. Case studies and practical examples will be used to demonstrate the key learning areas.
The two sessions can be purchased separately, for those attendees that wish to attend one part of the day, or together, for those that wish to attend the whole day. Please select the session you wish to attend from the drop down above.
ICAEW's terms and conditions for events
Registration and networking
Chair’s opening remarksHelena Wilkinson, Partner, Head of Charities and NFP, Price Bailey LLP
Accounting and the regulatory environment
Intro to the charity compliance framework. Charities Act, Companies Act, Regulations, the SORP, Regulators, legal structures, HMRC registration, submission of reports and returns.
Kathryn Burton, Charities Partner, HaysMacIntyreTom Brain, Audit Technical Director, HaysMacIntyre
Introduction to charity accounting/charitable income
The SORP, explanation of the SOFA, restricted unrestricted, gifts and donations, contracts, legacies, fundraising, charitable trading and the adoption of trading subsidiaries.
Don Bawtree and Rob Frost, BDO
Charitable funds and allocation of costs
Fund accounting and how to consider fair allocation of overheads, importance of unrestricted funds, understanding transfers to and from reserves in the accounts, compliance with donor requests, submission and costing of bids.
Daniel Chan, PwC
Trustees annual report
SORP requirements of the report, making impact with the report, relating the report to the accounts, helping use the report to tell the charity’s story.
Judith Miller, Sayer Vincent
Advanced accounting P1
Accounting for more difficult areas and disclosures in charity accounts.
Don Bawtree and Rob Frost, BDO
Advanced accounting P2
Emerging issues in charity accounting
- updates from the SORP Committee and plans following the governance review- release of the updated SORP incorporating all the changes since FRS102 SORP was released- impact of the Commissions strategy on the accounts/compliance work of the Commission- release of the revised guidance of matters of material significance- outcome of the latest Charity Commission monitoring reviews
Jeff Prescott, Charity Commission
Chair closing remarks
This screen shows you the details for the selected product.
Click the "Add to Cart" button to add this product to your shopping cart. You can enter a quantity larger then 1 to add multiples of this product to your shopping cart.
If the product is full you will see a "Wait List" button. Click this button if you would like to be notified if/when capacity is added. If capacity is increased we will email you. Upon receipt of the increased capacity notification, registration will be on a first-come, first-served basis.
If the product is not ready for purchase you will see a "Notify Me" button. You can click this button if you would like to be notified when this product is ready for purchase.
Some products can only be purchased through our partner. In this case you will see an "External Register" button. Click this button to purchase through our partner's website.