Accounting & Reporting

 

Churches must adhere to specific reporting and accounting rules and regulations.

The Charity Commission created the charities SORP – which stands for  Statement of Recommended Practice – to provide guidance on how charities should prepare their annual accounts and report on their finances. It is a statement of required practice and all charities have to follow the guidelines.

Church denominations have adopted the SORP as its standard basis for annual financial reporting, so that they can provide the same information to both government and the wider church.

Treasurers and accountants usually have responsibility for ensuring that reports are accurate and understandable and these resources will help to improve your technical competence, as well as produce reports that are accessible to all.

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Accruals Accounting – Accounts for Larger Churches: Session two   27th November 2021

14.00 - 16.00 Virtual - Fully booked

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CCLA to appraise ‘good investment’ specifically for church treasurers   29th September 2021

ACAT is delighted to be welcoming Andrew Robinson MBE, CCLA’s Executive Director of Market Development, as one of the keynote speakers at our 2021 virtual conference. Andrew’s webinar entitled What is good investment? will take place at 7pm on Thursday, October 14. Here, Andrew explains how church treasurers will specifically benefit from the webinar… ‘REALITY […]

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Data Developments launches new Independent Examination service   23rd July 2021

Data Developments has launched a new Independent Examination service.The company, which specialises in administrative software for churches and charities, has made this service available to its Finance Co-ordinator and MyFundAccounting users only. The firm’s new service includes:• Independent examination of your year-end accounts• Writing a report to be included in your annual accounts• Sharing feedback, […]

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Five chapters of ACAT’s handbook now updated   7th December 2020

SEVERAL chapters of ACAT’s handbook have been updated to ensure that church treasurers of all denominations remain fully briefed.The handbook is written to provide guidance for treasurers and others concerned with the financial and legislative affairs of their church, on a wide range of financial matters. The updating has been overseen by ACAT’s Treasurer Greyham […]

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