How to account for church income and expenditure: Problems and Pitfalls

Thu 16 Jan 2025

7 PM - 8 PM Virtual via zoom - bookings closed

£10pp

How confident are you that your accounting records are accurate and ready for the Independent Examiner?

Understanding the type of activity that is generating church income and how the church funds are being spent can assist the church trustees to accurately record and report where its funds are coming from and how the church is using those funds to further its charitable purposes, this course will give confidence in this understanding.

This course is for churches preparing accruals accounts (under Charities SORP (FRS102)) and Independent Examiners reviewing Fully Accrued church accounts.

For Receipts and Payments, please see our other training.

Who is it for?

For all those involved in preparing accruals accounts (under Charities SORP (FRS102)) for their church and Independent Examiners reviewing Fully Accrued church accounts.

Why take the course

Understanding the type of activity that is generating church income and how the church funds are being spent can assist the church trustees to accurately record and report where its funds are coming from and how the church is using those funds to further its charitable purposes, this course will give confidence in this understanding.

What will be achieved

By the end of this course you will have delved into accounting for different types of church income from offerings and donations to legacies and grants. Exploration of church expenditure related to the types of income and accounting for different fund types will also be covered.

All of which will give clear direction on recording and understanding the income different activities in church generate, giving confidence in your reporting.

Other information: The course comprises practical and theoretical information, delivered by a knowledgeable and experienced trainer, who has firsthand experience as a church treasurer and independent examiner. The trainer will be happy to answer your questions and concerns, enabling you to record and report your church finances with greater confidence.

FAQ:

The course is typically delivered through a live Zoom webinar or meeting depending on numbers. You'll have the opportunity to interact with the speakers and get answers to your specific questions. Course slides are sent after the session.

It may be helpful to have some knowledge of the financial recording and reporting in your own context, but it is not essential to have any specific knowledge to take the course.

Course information

Please note: This is a standalone training session.

The training will be delivered via Zoom.

After paying for your place, a member of the ACAT team will be in touch with full joining details.

Course Leader

Margaret Birse

Margaret Birse

Margaret has been involved in charities for all of her adult life as a volunteer, employee, trustee and Independent Examiner, and therefore has a relatively unique view of charities from the inside and looking in from the outside. She originally trained as a scientist, and worked as a scientist, engineer and lecturer before moving into the charity sector, and retraining in charity finance and accounting.

Margaret has lived Scotland, England and America and therefore has a wide experience of church life in various worshipping communities, including being a church treasurer. Margaret is a Fellow of the Association of Charity Independent Examiners (ACIE) and provides Independent Examinations to around 30 charities, including a number of churches from different denominations. She regularly provides both face to face and online training for ACIE.