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Schools Briefing – ISBA 2025
Welcome to the ISBA Conference edition of our Schools Briefing for independent schools, where we provide updates and insights on accounting, tax, reporting and governance for school bursars and Governors.
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Financial oversight for UK charities
Transparency is vital for charities when it comes to having, and also providing, financial data and information. Vital as it is the one area that helps to form trust and strong relationships with your donors, trustees…
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Ready to Master Fund Accounting?
Take the first step today and ensure your organisation is tracking its funds correctly and staying compliant. Continue reading to access our resources and start mastering fund accounting! Let’s help you make your…
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The Impact of FRS 102 Amendments on Charities SORP Compliance
The FRC has issued substantial amendments to FRS 102, that aim to ‘enhance the quality of UK financial reporting’ by aligning UK GAAP with IFRS in key areas, including new revenue recognition and lease accounting models…
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Financial Statements 101: What You Need to Know
Financial statements can seem overwhelming at first glance, especially when you’re running a charity or social enterprise. Yet, understanding these statements is vital if you want to keep your organisation financially…
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‘Impact’ should be the be the beating heart of charity finance…not just a reporting requirement
When a word or phrase grows in popularity and is used with increased frequency, it becomes easy to assume that we know what we mean by it, and that a consistent definition is employed by all. Take ‘impact reporting’ as…
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The Unsung Heroes: Accountants Empowering Charities
In the world of social enterprises, charities, and not-for-profit organisations, the role of an accountant often goes unnoticed. However, these financial wizards play a crucial part in the success and sustainability of…
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Workshop: A step-by-step guide to managing financial budgets
APPLY NOW Managing charity budgets can be a daunting prospect, particularly in times of economic uncertainty. The UK has experienced a recession, a cost-of-living crisis, rising inflation, and slow economic growth in…
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What type of accounts does your charity need to prepare?
Beyond Profit Ltd What type of accounts does your charity need to prepare? This really depends on what type of charity you are. If you are incorporated, you will need to prepare accruals-based accounts, regardless of…
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All You Need to Know About Charities and Taxes in the UK
The UK has acknowledged that the symbiotic relationship between charities and the tax system is a means of encouraging charitable activities and supporting organisations that work for the public good. Discover how the UK…
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Accounts for non-accountants
Being responsible for signing off your charity’s accounts can be daunting, especially if you’ve little experience reading or interpreting them. Our free Accounts for non-accountants session will help you know what to…
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How Can Charities Implement A Better Finance Function?
Are you fed up with jumbled-up bookkeeping for your finance? Chasing outstanding and missing pieces of paperwork? Managing endless spreadsheets with a lot of missing parts? We get it. That’s why we work with small and…
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The problem with numbers
Numbers are not too difficult and having financial confidence is the hallmark of a successful charity.
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7 Tips to Make Managing Expenses Easier
Managing your expenses is tremendously important for ensuring that your small business stays profitable and flush with cash. It’s important to keep a very close eye on your expenses to ensure that you stay within budget…
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What can happen if you lie on a cv
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Jargon Buster
Jargon busters Accountants are known for using jargon that many people need to look up in a dictionary before they can reply. Here is some that are used often and you will come across in charity accounts that have been…
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Common Questions Asked By Charities
Common questions Here are answers to some most common questions that I have been asked by charities. Like, does our charity need an audit? What should we include in our annual report? And also, when are our accounts due?…
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Charity Record Keeping & Accounting
In this and subsequent articles, I will simplify and demystify accounting terms and processes. Today I want to talk about charity, record-keeping, and accounting. The basic principles of bookkeeping, etc. for charities…
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How to conduct a financial audit
Don’t shy away from an honest look at your finances – take the opportunity to be more transparent. Conducting a financial audit doesn’t lay squarely in the hands of an auditor. Charity finance managers have a big role to…
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ESG reporting – is your charity missing out?
ESG stands for Environmental, Social, and Governance. It’s a wide-ranging term, which covers the targets your organisation sets, and the actions it takes, to demonstrate your concern for wider societal impact. ESG…
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What makes a good annual report for your small UK charity?
We’re coming up to the time of the year that most charities dread – time to prepare the annual accounts and the annual report. Typically, this task falls to the finance team, which means it’s not unusual for it to become…