Top tips

INTRODUCTORY OVERVIEW

All staff should have a general understanding of the basics of sound financial management
Whoever looks after the finances should also be involved in strategic planning
Seek professional advice
Regularly check the information provided by the organisation’s governing body, for instance the Charity Commission website for updates on the Statement of Recommended Practice (SORP).

http://www.financehub.org.uk/managing_money_and_resources/keeping_accounts/toptips.aspa