Charities do a lot of good in different sections of society. But these charitable actions do not exempt from the legalities of being part of the wider community. That’s why financial reporting for charities is a major part of successful operations. In this short guide, we’ll explore what charities must report and to whom by covering questions like:
• What are the documents charities need to prepare?
• What forms of accounting should charities use?
• Who needs to see the accounts?
• How and when to report annual returns?
• What about the annual trustees’ report?
• How to find help with financial reporting for charities?