1 day (6 CPD Hours)
Introduction
Charities and other not-for-profit organisations
cover a remarkable range of activities from lobbying
governments to mountain rescue.
Charitable
organisations exist in a variety of legal forms
ranging from small volunteer groups to those
with incomes in excess of £100 million.
This diverse range of activities requires their
employees and advisors to be highly developed
and able to cover a multitude of strategic,
operational and organisational roles. None more
so than those working in the charity finance team.
Charities need to be truly accountable and transparent
to their stakeholders, donors and beneficiaries.
The finance team is crucial to this role and needs
to be proactive in maximising beneficiary welfare
whilst ensuring financial profitability and growth.
With this background, the role of the charity finance
team has never been more prolific or important.
Those working within this framework face evolving
and increasing challenges in their work on a daily basis.
This conference will assist charity finance teams
and their advisors with meeting these issues head
on whilst bringing delegates up to date with current
legislation and policy.
The course in detail
09:30 Chair’s welcome
Don Bawtree, Partner, Charities Specialist Unit, BDO Stoy Hayward
09:35 – 10:20 What is the future for the third sector?
A look at the key drivers shaping the future of the sector which will help those
working and advising in the charities framework with forward strategic planning.
Greg Clark, MP, Tunbridge Wells
10:20 – 11:00 Charity trading issues
An overview of the trading issues that effect charities,
how to take advantage of the key benefits and how to avoid the pitfalls.
The rules on trading by charities are complex but every charity needs
to be aware of them in order to avoid falling foul of the rules or incurring an unnecessary tax charge.
James Dutton, Senior Lawyer, Charities Commission
11:00 – 11:15 Refreshments
11:15 – 11:50 Risk, reserves and investment policies
- Understanding the evolution and correlation of these three key issues
- Achieving greater business value through SORP 2000
- Case study review – advance practices in reporting
David Rowe, Managing Director, Charities UBS AG
Paul Palmer, Professor of Voluntary Sector Management, Cass Business School, City University
11:50 – 12:30 Good governance including the role of the honorary treasurer
- The principles of good governance
- Trustee selection and induction
- Delegating by Trustees
- The role of the Honorary Treasurer and their key relationships
- The role of the Honorary Treasurer’s Forum
Les Jones, OBE, Honorary Treasurers Forum
12:30 – 13:30 Lunch
13:30 – 14:15 Accounting and auditing considerations for the charity finance team
- The Charity SORP and areas that often cause difficulty
- The Charity Audit and its special issues
- The trustees' report
Pesh Framjee, Head of Not for Profit Unit, Deloitte
14:15 – 15:00 Tax considerations for the charity finance team
Tax matters can be complex for charities and this session will consider recent
changes and guidance from HMRC on a variety of current tax planning issues.
Pesh Framjee, Head of Not for Profit Unit, Deloitte
15:00 – 15:30 Maximising VAT opportunities
VAT is often a significant cost for charities and the rules are full of pitfalls.
But with greater awareness and careful planning it is possible to minimise significantly the costs and impact of VAT.
Alan's session will cover:
- the fundamental problems of VAT for charities;
- VAT planning techniques
- potential future threats
- construction and Property changes
- lessons from selected cases.
Alan Buckett, AIIT, VAT Specialist and Consultant
5:30 – 15:45 Refreshments
15:45 – 16:30 Is it time for change?
Charity Law Update for the finance team including implications for charities from the Companies Act 2006 and a look at charitable constitutions.
- Charities Act 2006, what has come into force in 2008, and a look at the Public Benefit Test
- Aspects of the Company Act 2006 and its principle impact on the charitable company
- Legal vehicles used by Charity and implications
Stephen Claus, Charity Partner, Brabner Chaffe Street
16:30 – 17:00 Internal control assurance and the charity finance team
As a central part of risk management, trustees require assurance that the controls framework in place is robust.
This function is often – many would say wrongly – led by the finance team.
- Where does – and should – finance sit in assessing and managing risk?
- Building an assurance framework – management, internal and external audit and other building blocks
- Balancing best practice with what is possible - the less "corporate" charity
Edward Finch, Charity Team Partner, Buzzacott
17:00 Close
What are the benefits of attending?
- Stay up to date with current legislation and policy
- Learn how to maximise beneficiary welfare whilst
ensuring financial profitability and growth
- Network with advisors and finance professionals
working in and for the charity sector
- Earn 6 CPD hours!
Who should attend?
- Charity finance team members
- Finance directors
- Financial controllers
- Accountants in the not-for-profit sector
- Those advising charitable organisations
List of events
|
Date |
Time |
Location |
Code |
Options |
| 18 Sep 2008 |
9:30 -17:00 |
London |
8CF0008 |
book
|
details |