Finance

We aim to provide the sector with up-to-date information and guidance to help with sustainable financial management.

Trustees' Month - November 2023

2 Oct 2023Sandra Bailie Governance and Charity AdviceGovernance, risk assessment, HR, Finance

Trustees' Week is 6-10 November 2023, it is a special opportunity to recognise the valuable work of Trustees in our sector and to encourage others to volunteer on boards. This kicks off our Trustees' month in NICVA.

Charity banking challenges

16 Dec 2022Denise Copeland Governance and Charity AdviceFinance, Governance

Some charities have experienced issues with either opening a bank account for their charity or maintaining their bank account.  We have been passing these issues on to the banks on your behalf via the Community Banking Project.

The independent examination of charity accounts - what is it and what to look for in an Independent Examiner

8 Nov 2022Denise Copeland Governance and Charity AdviceFinance, Governance

Charity trustees have a responsibility to ensure that the Independent Examiner they appoint has the required skills and experience to carry out an independent examination of their charity.

The role of the treasurer and preparing an annual budget

8 Nov 2022Denise Copeland Governance and Charity AdviceFinance, Governance

This tutorial video will help you to understand the key duties of the treasurer and their role on the board. It also outlines how to prepare an annual budget.

HMRC’s Trust Register

2 Aug 2022Denise Copeland Governance and Charity AdviceFinance, Governance, regulation

Some unincorporated not for profit organisations which have assets held in trust may be required to register their Trusts with HMRC's Trust Registration Service.  The deadline is 1 September 2022.

Approved Mileage Allowance Scheme

10 Jun 2022Eamonn McKee HRFinance

With the spiralling cost of fuel NICVA have been approached by several charities about the implications of increasing the mileage allowance paid to staff and volunteers. 

Basic finance tutorial videos

22 Feb 2022Denise Copeland Governance and Charity AdviceCharity Annual Reporting, Finance, Governance

NICVA has developed a series of tutorial videos to help treasurers and trustees of small to medium sized voluntary led organisations understand the basics of financial record keeping and good financial governance.

How to prepare annual accounts (R&P)

17 Feb 2022Denise Copeland Governance and Charity Advice, Charity Annual ReportingResources, Webinar Recordings, Finance, Charity Annual Reporting

This tutorial video will help you to understand how to prepare your annual accounts on the receipts and payments basis.

How to keep books of account

17 Feb 2022Denise Copeland Governance and Charity AdviceResources, Webinar Recordings, Finance

This tutorial video will help you to understand the basic rules and principles for good financial management in your organisation.

Basic finance tutorial videos launched

17 Feb 2022Denise Copeland Governance and Charity AdviceFinance, Governance

NICVA has developed a series of tutorial videos to help treasurers and trustees of small to medium sized voluntary led organisations understand the basics of financial record keeping and good financial governance.