Treasurers >  Reporting and Accounting

Reporting and Accounting

The Charity Commission has produced clear guidance on how charities should account for their finances, and for reporting this.  

Two different methods of accounting are permissible, depending on the gross income of the PCC - click here to find out which method applies to your PCC.

Your accounts will need to receive external scrutiny. Whilst the very largest PCCs will require an audit, smaller PCCs should be independently inspected. We offer guidance on how to decide which level of scrutiny your accounts require, how to appoint an external examiner, and their duties.

With your accounts, you will need to present a Report. The Charity Commission has issued some rules on what must be covered - click here to find out more. 

There are two publications which will be invaluable for PCC Treasurers : 

The Charities Act and the PCC - SORP 2005 Receipts and Payments edition is intended for treasurers of PCCs with gross income under £100,000. You can order a copy from Church House publishing here. 

The Charities Act and the PCC - SORP 2005 edition is written for treasurers of larger PCCs (over £100,000 gross income) or for those who choose accrual accounting, and for Independent Examiners. You can download a pdf version here (965 kb), or order a copy from Church House Publishing here.