Steering a charity's finances can be one of the most challenging roles you'll face in the sector. Not least because of the complexities and easy-to-miss legal obligations you face. It is also vital for trustees and governors, to understand their own role and the role of the managers they oversee. This new 5th edition is updated to cover numerous changes since the 4th edition, including the increases to the audit thresholds for charities in England & Wales, the withdrawal of the 2015 Charities SORP known as the FRSSE SORP, changes to Gift Aid and the new charity accounting requirements in Northern Ireland. Who is this book for? With plenty of helpful examples, this guide is suitable for voluntary sector workers with little or no accounting experience, those from other sectors seeking an update on charity accounting and students on third sector courses.