Accounting for the Charity Sector
This accounting class provides the specialised bookkeeping skills required to manage the finances and accounts of charities and not-for-profit organisations.
The charity sector is a growing segment of economic activities that provides exciting career opportunities for accounting professionals. But accounting for charities is uniquely different from conventional accounting. We understand the intricacies involved and thus have come up with this course, ?Accounting for the Charity Sector?. It will help you master all the modern principles and practices of charity accounting.
What You Will Learn In This Free Course
The Concept of Charity Accounting
In this module, you will understand the concept of charity accounting, its features, standards, policies, and principles. The tutorials will then guide you to get in-depth learning of charity finance functions like fund accounting, charity reporting and accounts, Trustee’s annual report, and balance sheet in a simple way.
Statements of Accounts
In this module, you will start by learning the statement of financial activities, its structure, and contents. You will then learn about the income and expenditure heads in detail. The topics in the module further help you understand cash flow, taxation for charities, applicable scrutiny, and financial consideration for Post – Covid situations.
Course assessment
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