Mission

To strengthen charities and non-profit organisations through accurate financial reporting, regulatory compliance, and strategic financial support that enables informed decision-making and sustainable growth.

We aim to deliver clarity, transparency, and accountability in financial management, helping organisations focus on their social impact.

Vision

To be a trusted specialist accounting practice recognised for supporting the non-profit sector with integrity, technical excellence, and innovative financial solutions.

We envision a sector where organisations operate with strong governance, clear financial visibility, and confidence in their compliance framework.

Our Expertise

• • • Non-profit financial management
    • Independent examination preparation
    • Audit support
    • VAT partial exemption
    • Fund accounting and donor reporting
    • Management reporting & KPI dashboards
    • Software migration (QuickBooks, Xero, Sage)
    • Financial systems implementation & staff training

Why Choose Global Accountability Practice?

• Over 10 years of specialist experience supporting non-profit organizations.
• Deep understanding of charity regulations and SORP requirements.
• Expertise in managing restricted and unrestricted funds.
• Clear, timely, and decision-focused financial reporting.
• Practical support for trustees, boards, and finance teams.
• Proactive financial insight to help you make informed decisions.
• Scalable services from day-to-day bookkeeping to strategic financial planning.
• Cloud accounting and digital finance solutions including QuickBooks, Xero, and Sage.
• Systems and processes designed to save time, reduce errors, and cut operational costs.
• Flexible and transparent pricing with options for fixed fees or hourly engagements.
• Personalized support to meet your charity’s needs without the cost of in-house staff.

Frequently Asked Questions (FAQs)

Q: What is fund accounting in non-profit organizations?

Answer: Fund accounting is a specialist accounting method used by charities and non-profit organizations to track income and expenditure separately based on donor restrictions. It ensures restricted funds are used only for their intended purposes and supports regulatory compliance.

Q: Do small charities require an audit?

Answer: Charities and non-profit organizations with annual income below the statutory audit threshold are not legally required to undergo a full audit. However, they may require an independent examination depending on their governing documents and income level.

Q: What is an independent examination?

Answer: An independent examination is an alternative to a statutory audit for eligible charities and non-profit organizations. It provides assurance that financial statements comply with legal requirements without the extensive procedures of a full audit.

Q: Why is management reporting important for non-profits?

Answer: Management reporting provides trustees and leadership teams with timely financial data, budgets, KPIs, and cash flow forecasts. This enables informed decision-making and supports strong governance.

Q: Can you help with VAT partial exemption?

Answer: Yes. VAT partial exemption calculations are complex and require specialist understanding. Proper calculations ensure compliance while maximizing recoverable VAT for eligible non-profit organizations.

Q: Do you support accounting software migration?

Answer: Yes. Global Accountability Practice supports migration from Excel or legacy systems to cloud accounting platforms such as QuickBooks, Xero, and Sage. We also provide system setup, chart of accounts design, and staff training.

Q: How do you support trustees and boards?

Answer: We provide clear financial reports, statutory accounts, budget analysis, and governance support to help trustees understand their financial responsibilities and make informed strategic decisions.