Purchasing Policies for Churches 11/10/2022 By ExpensePlus In this blog we explore how you can create an effective purchasing policy for your church, including its communication and implementation. Read more
Fund Accounting Top Tips 26/09/2022 By Tim Wyatt Tim Wyatt from Wyatt & Co Chartered Accountants shares his fund accounting top tips. Tim has many years of experience working with charities. Read more
Should restricted funds be in a separate bank account? 23/09/2022 By Tim Wyatt Charities must follow fund accounting principles and these principles apply to restricted funding. One fundamental principle is that when you receive income,… Read more
Receipts and Payments vs. Accruals Accounting 23/09/2022 By Tim Wyatt Should your charity create accounts using a receipts and payments basis or an accruals basis? Tim Wyatt answers this common fund accounting question. Read more
3 Common Fund Accounting Mistakes 23/09/2022 By Tim Wyatt Tim Wyatt, an independent examiner at Wyatt & Co Chartered Accountants, shares three common fund accounting mistakes and top tips to avoid them. Read more
What is Fund Accounting for Charities? 23/09/2022 By Tim Wyatt All UK churches and charities must follow the principles of fund accounting when creating their accounts. Here we explain about types of funds. Read more
