The Charity Treasurer's Handbook

Steering a charity's finances can be one of the most challenging roles you'll face - not least because your aim is to help a charity fulfil its purposes and charity accounting rules are very different from businesses. The format of this handbook makes it a quick and clear read, so that even if you are new to charity finance you will swiftly gain confidence and knowledge. Covering charity accounting across all four nations of the UK, this sixth edition, has been comprehensively revised by new lead author Elaine Alsop. It includes:* Current legal and accountancy practice* Annual reporting and charity accounts including Charity SORP* Corporation tax and VAT for charities: what applies to you, and what doesn't* The benefits of Gift Aid, and how to get started* Fund accounting and reserves* Guidance for effective financial planning and management* Introduction to risks and controls'Serving as a trusted companion for both seasoned and new treasurers, thisbook provides a solid foundation of knowledge on the wide range ofresponsibilities and duties of a charity treasurer. ... We hope that, by offering a valuable reference tool, this handbook will inspire new volunteers to take on the office of treasurer and make a meaningful contribution to society.' Daniel Chan MBE, Chair, Institute of Chartered Accountants in England and Wales Charity CommitteeKristina Kopic FCA DChA, Head of Charity, Institute of Chartered Accountants in England and Wales [from the foreword] 'The Charity Treasurer's Handbook is written in a very accessible manner, balancing the legal, regulatory and finance aspects with practical examples. Well-structured sections and chapters make it easy to find the help needed on specific subjects. It's a ready reference for new and experienced treasurers, with the updates in the 6th edition being particularly useful.'Carolyn Cordery, Adjunct Professor, Victoria University of Wellington and Chair, New Zealand Accounting Standards Board 'Written in an accessible style and helpful format, this comprehensive and incredibly supportive book will be of immense value to charity treasurers and anyone who needs an introduction to charity accountancy, law and processes.'Jon Dean, Sheffield Hallam University, Chair of the Voluntary Sector Studies Network

Steering a charity's finances can be one of the most challenging roles you'll face in the sector. Not least because of the complexities and easy-to-miss legal obligations you face. It is also vital for trustees and governors, to understand their own role and the role of the managers they oversee. This new 5th edition is updated to cover numerous changes since the 4th edition, including the increases to the audit thresholds for charities in England & Wales, the withdrawal of the 2015 Charities SORP known as the FRSSE SORP, changes to Gift Aid and the new charity accounting requirements in Northern Ireland. Who is this book for? With plenty of helpful examples, this guide is suitable for voluntary sector workers with little or no accounting experience, those from other sectors seeking an update on charity accounting and students on third sector courses.