Test your fund accounting knowledge with this free quiz!
Embrace the challenge and answer 7 questions at the intermediate level. Or, if you want to push your knowledge further, tackle the advanced level!
The quiz covers these fund accounting topics:
- Accruals vs receipts and payments accounting
- Types of fund: general, designated and restricted
- Funds and bank accounts
- Related party transactions
- Assets and liabilities
- Fixed assets
- Adjustments in accruals accounting (creditors and debtors)
- Creating and submitting accounts
- Updates to thresholds through the Charities SORP
Try the quiz here
What was your score? Put your friends or colleagues to the test and see who comes out on top!
Fund accounting resources
To improve your fund accounting knowledge, check out these resources:
- Visit our Fund Accounting Blog
- Explore our bite-sized Fund Accounting Videos
- Join our free Training Sessions for ExpensePlus
ExpensePlus is a cloud-based fund accounting software package designed for churches and charities. ExpensePlus makes managing fund accounts simple and straightforward. It’s used by hundreds of charities and churches across the UK and is rated 4.8 stars (out of 5) on Google with over 1000 user reviews.
