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Supporting Scotland's vibrant voluntary sector

Scottish Council for Voluntary Organisations

The Scottish Council for Voluntary Organisations is the membership organisation for Scotland's charities, voluntary organisations and social enterprises. Charity registered in Scotland SC003558. Registered office Mansfield Traquair Centre, 15 Mansfield Place, Edinburgh EH3 6BB.

All things financial: annual accounting and external reporting

10:00-13:00, 16 May 2024
This event took place 12 days ago
Course length
1 Day
Helen Swatton
Pamela Redpath
Funding and finance
Course overview

This online course with Pamela Redpath will look at the format and purpose of annual accounts and the Trustees’ Annual Report.

It can be studied as a standalone course or in conjunction with the two other All things financial courses - Book all 3 courses, get 10% off the 3rd! (Please use voucher code ATF10 to get your 10% off)

Overall course aim

The aim of this online course is to gain a good understanding of all that is involved in preparing annual accounts and the Trustees Annual Report. You will discover how important it is to consider reserves and be aware of the statutory requirements for audit/independent examination, filing of accounts and other notifications to regulators.

Course objectives

This online course is packed full of content to give you an overview of annual accounts and external reporting.

Financial reporting requirements: Statutory reporting requirements; Audit/independent examination levels; Format of accounts and thresholds – Receipts & Payments or SORP-compliant.

Understanding financial statements: Format of the annual accounts; Overview of a set of SORP-compliant accounts; Statement of Financial Activities (SOFA); Balance sheets and notes to financial statements.

The Trustees Annual Report: Format and content; How it links to the financial statements; What makes a good TAR.

Reserves: What’s included in reserves; Building up reserves; The reserves’ policy.

Reporting to regulators: Reporting to OSCR; Reporting to Companies House; Notifying changes; Sharing information with the public.

Who was the course aimed at?

This course is aimed at people requiring an introduction to the principles of annual accounting and external reporting and the basic technical knowledge and skills to implement these principles.

Entry requirements

There are no formal entry requirements.

Other Information

Course format: 3 hour session, which is broken into segments with time to recap on the main points and an opportunity for questions. At the end of the session there will be time for final points and questions.

Attendance: You must attend the full online course in order to complete it and receive your Certificate of achievement.

Previous delegate comments

•"Pamela clearly had a thorough knowledge of her subject and the nuances of the third sector."

•"Very engaging and made a dull subject really interesting. Managed to explain complicated things well."

In house training service
This course can be delivered in-house. Find out more
£130 (member rate £90)

If you belong to an organisation in SCVO membership, you will save £40 when booking this course

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