Steering acharity's finances can be one of the most challenging roles you'll face ­– notleast because your aim is to help a charity fulfil its purposes and charityaccounting rules are very different from businesses. Thisestablished guide, revised to incorporate recent threshold changes across theUK and The Charities SORP (Statement of Recommended Practice) 2026, offers youthe perfect foundation for being a treasurer even if you are new to charityfinance. Covering charity accounting across all four nations of the UK, thisseventh edition will help you swiftly gain confidence and knowledge. This fullyupdated guide has clear advice and useful tips that address the key aspects ofbeing a charity treasurer or finance officer. It includes:Current legal and accountancy practice for charities acrossthe UKAnnual reporting and charity accounts both under the Receiptsand Payments basis and accruals accounts in compliance with Charities SORP 2026Corporation tax and VAT for charities: what you should beaware ofGift Aid: the benefits and how to get startedFund accounting and reservesGuidance for effective financial planning and managementIntroduction to risk and controlsWithplenty of helpful examples, this guide is suitable for voluntary sector workerswith little or no accounting experience, those from other sectors seeking anupdate on charity accounting and students on third sector courses. It is also avital guide for trustees and charity managers, to understand their own role,that of the staff they oversee, and their relationship with the externalauditor or independent examiner.