Financial systems & accounts
This short talk breaks down the basics of what you need to have in place and where you can get full guidance on developing systems and reports.
Course Content
Based on the ACRE Hallmark, this session will go through good practice, tricks for ensuring your systems are effective and reviews the rules for accounts.
It starts by looking at the systems and policies that you need to have in place and the information sources that you can access.
It explains the Charity Commission's guidance on the financial controls you need to have in place, including:
- Understanding controls
- Understanding the financial information
- Preparing accounts & reports
- Monitoring financial performance
- Banking controls (incl online)
- Managing income including cash
It also goes through how to produce accounts and trustees annual report.
Other resources
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Financial statements and scrutiny
CourseJen Richardson, former Head of Charities at Ward Goodman gives us the benefit of her knowledge on producing financial statements and the scrutiny they require.
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Consultancy help - policies and procedures
CourseHaving the correct policies & procedures in place is an essential part of managing key risks. We can help you review and develop your policies,, spot gaps and recommend templates. Email Caro Hart at [email protected] for details.
Resources for community spaces
Find all of the material from the programme here
