Target Audience
Board Members, CEOs and Finance Managers of Charities.
Outline
SORP requirements for Charities and the responsibilities of the Board of Directors under the Charities Act.
The main areas covered will be:
- What are the responsibilities of the Board of Directors under the Charities Act
- What are SORP’s (Statements of Recommend Practice)
- What is the purpose of SORP
- Why are they necessary in charity financial reporting
- What are the requirements of SORP for Charities
- What is the connection between the Charities Act 2009 and SORP
- What are the key requirements of SORP FRS102 (latest SORP)
- How to lay out Financial Annual Accounts in SORP Format
- What is a Statement of Financial Activities (SOFA) and how to construct it
- The rules on Income recognition under SORP
- The rules of allocation Overheads by Charity Activity
- What is happening in the Regulators office for implementing a SORP in Ireland
- Latest information on the consultation process
- What is an Activity Report which is required from all charities regardless of size.
Methodology
Delivered virtually via Zoom.
Target Audience
For Approved Housing Bodies categorised as ‘Micro’ (less than 20 dwellings), ‘Small’ (between 20 and 100 dwellings) as well as those registered as Care and Support AHBs.
Outline
The Approved Housing Bodies Regulatory Authority (AHBRA) is an independent authority, established in February 2021. The organisation is tasked with the regulation of Approved Housing Bodies (AHBs) for the purposes of protecting housing assets provided or managed by such bodies. Section 37(8) of the Housing (Regulation of Approved Housing Bodies) Act 2019 requires all AHBs to comply with the Standards. The AHBRA establish a set of outcomes that AHBs are required to achieve to demonstrate the protection of housing assets provided or managed by AHBs.
Compliance with the Standards is a statutory requirement and clearly this presents many challenges for AHBs at the smaller end of the scale, particularly from a human and financial resource perspective.
The primary objective of the training programme is to provide AHBs categorised as ‘Micro’ (less than 20 dwellings) and ‘Small’ (between 20 and 100 dwellings with a clear understanding of the Standards for AHBs, enabling them to effectively implement and maintain compliance.
The training content supports:
- develop an increased awareness of the Standards for AHBs and what it means for them;
- enhance operational efficiency and help understand to a greater extent how compliance can be demonstrated; and
- undertake gap analysis to identify weaknesses or non-compliance with the Standards.
Methodology
Delivered virtually via Zoom.
Target Audience
Trustees, Chairs, CEOs, and those responsible for governance in their Charity.
Outline
The Charities Governance Code explains the minimum standards you should meet to effectively manage and control your charity. This workshop will walk you through the requirements of the code including actions and evidence needed to demonstrate compliance.
Methodology
Delivered virtually via Zoom.