Charity accounting and finance
Our expertise
Charities face unique and complex financial challenges, from ensuring regulatory compliance to optimising resources for fundraising. Our services are designed to address these needs comprehensively, focusing on three core areas:
1. Campaign financial planning and forecasting
Effective fundraising begins with sound financial planning. We work closely with your team to:
· Develop strategic financial plans that align with campaign goals
· Build dynamic forecasting models to project income and expenditure with accuracy
· Optimise resource allocation to achieve cost efficiency and maximise impact
Our support ensures your fundraising initiatives are built on a strong financial foundation, enabling long-term success.
2. Tax-efficient fundraising and endowment accounting guidance
Navigating tax-efficient giving and endowment management can be challenging and complex. We simplify the process by offering:
· Expert advice on designing and implementing donation schemes, such as Gift
Aid, legacy giving and other tax-relief opportunities to maximise benefits for both charities and donors
· Guidance on establishing and managing endowments to safeguard donor intentions while achieving financial sustainability
· Support in meeting compliance requirements and accounting standard for donations and endowment funds
Our in-depth knowledge ensures your organisation benefits from available financial opportunities while adhering to all regulatory standards.
3. Development office financial operations and reporting
A well-run finance team in your development office is the key to sustainable growth. Our services include:
· Streamlining gift management and accounting to ensure accuracy and transparency
· Establishing financial reporting frameworks that comply with SORP and other relevant reporting standards
· Implementing robust internal controls to enhance accountability and protect financial integrity
· Training your team on best practices in gift accounting and compliance
Our solutions empower your development office to handle the complexities of fundraising finance while meeting the highest standards of accountability and transparency.
Partnering for your success
We are dedicated to strengthening your charity’s financial resilience and operational excellence. Our personalised approach ensures that you receive actionable, practical solutions tailored to your organisation’s goals. Whether you’re planning a campaign, enhancing financial policies and procedures or navigating complex compliance requirements, EFC can help you build a financially sustainable future. Our tailored services provide the financial insights and operational frameworks you need to succeed in a competitive and ever-evolving landscape.
