Charity Accounting is a specialised field that focuses on the financial operations and reporting practices unique to charitable and nonprofit organisations. Due to their reliance on donations, grants, and public trust, charities must follow rigorous accounting standards to maintain transparency, accountability, and compliance with legal requirements.
This course provides an in-depth understanding of the key principles, tools, and frameworks used in charity financial management. You’ll explore the legal and regulatory requirements governing charitable organisations, gain practical knowledge of fund accounting, and learn how to track restricted and unrestricted funds effectively.
A strong focus is placed on financial reporting, including how to prepare essential documents such as the Trustees’ Annual Report and the Statement of Financial Activities (SoFA).
In addition, the course explores the variety of income sources available to charities such as donations, grants, sponsorships, and fundraising events and offers guidance on responsible expenditure management and ethical financial practices.
What You’ll Learn
- Understand the fundamentals of charity accounting and fund accounting
- Prepare and interpret essential financial reports, including SoFA and balance sheets
- Navigate legal and regulatory frameworks relevant to charities
- Monitor restricted and unrestricted funds with accuracy
- Manage income streams such as grants, donations, and events
- Ensure transparency and accountability through best-practice reporting
- Support governance with informed financial oversight
Who Is This Charity Accounting Course For?
This course is ideal for anyone involved in the financial or operational management of charitable organisations, including:
- Charity Professionals
- Trustees and Board Members
- Aspiring Accountants
- Finance Managers
- Fundraisers and Development Officers
- Volunteers and Social Activists
Course Curriculum - Module 01: The Concept Of Charity Accounting
- Module 02: Accounting Standards, Policies, Concepts And Principles
- Module 03: Fund Accounting
- Module 04: Charity Reporting And Accounts
- Module 05: Trustees’ Annual Report
- Module 06: Balance Sheet
- Module 07: Statement Of Financial Activities
- Module 08: Understanding The Income Streams And Expenditure Of Charity
- Module 09: Statement Of Cash Flows
- Module 10: Taxation For Charities And External Scrutiny
- Module 11: Things To Look Out For In Post Covid Situation
CPD Certificate from Course Gate
At the successful completion of the course, you can obtain your CPD certificate from us. You can order the PDF certificate for £9 and the hard copy for £15. Also, you can order both PDF and hardcopy certificates for £22.
Career Path
Completing this course can open doors to a variety of roles within the charity and nonprofit sector, including:
- Finance Assistant / Accounts Assistant (Charity Sector)
- Junior Charity Accountant
- Financial Analyst (Nonprofit Sector)
- Management Accountant (Charitable Organisations)
- External Auditor (Working with Charities)
- Tax Advisor for Charities
- Grant Manager / Grant Consultant
Disclaimer
This is an online course with pre-recorded lessons. Your account details will be sent to your email within 24 to 48 hours (but don’t worry, we’re usually much quicker).
