ICAEW Diploma in Charity Accounting - cass.city.ac.uk · PDF fileICAEW Diploma in Charity Accounting ... Syllabus • Effective ... Applies to modules marked with ** only 08 July 2016

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ICAEW Diploma in Charity Accounting Course overview April 2015

Course objectiveStudents undertaking this course will acquire an in-depth knowledge of specialist charity accounting, audit and taxation, the distinctive financial management and an understanding of investment management for charitable organisations.

Our studentsAll students will be highly motivated graduate-level people who bring a wide range of professional competence, skills and experience from a wide range of charitable and beyond profit organisations.

In general we ask for a good first degree, normally a 2.1 Honours degree from a British University or an equivalent qualification from a leading overseas institution or three plus years relevant experience at a senior level in a charity or beyond profit organisation.

Entry for this date via this route is open to ICAEW members only. If you are an ICAEW member and have either qualified in the last five years or can demonstrate relevant CPD you will be eligible for exemptions from the resource management module and, if you have the necessary experience, the shadowing/fieldwork exercise module.

Course structureThe Postgraduate Diploma is offered on a part-time basis and is normally taught over a period of 12 months.

The Diploma consists of four core modules, common to all Centre for Charity Effectiveness postgraduate courses which provide the essential underpinning of management skills, plus three specialist pathway modules.

The Diploma for ICAEW members runs over a period of nine months. The exemptions will give you up to 50 credits against the 130-credit programme.

All courses are taught at Sir John Cass Business School and will require attendance one weekend a month commencing on the Friday afternoon at 13.00 to 21.00 and finishing on Saturday at 17.45. Additional times of attendance will be required:

• Ontheinductionday• OntheFridaymorningofthefirsttaughtweekend• OnoneFridaymorningontheteachingweekendstodiscusstheAPELand/orfieldwork

arrangements (dates to be set by the start of the course)• OntwoFridaymorningsontheteachingweekendsforActionLearningSetMeetings• OnthedayoftheAdvancedCharityAccounting,AuditandTaxationmoduleexam.

Upon successful completion of the Diploma students will be given the option to continue to theMSc.

ThisrequiresstudentstotakethemoduleinResearchMethodsforManagers.Theymaythenelect to conduct six months of personal supervised research and the presentation of a 15,000 word dissertation. Alternatively they may choose to attend the three Specialist Pathway modulesofoneoftheothercoursesasaTaughtMasters.

Course content

Core modules

Learning and Understanding the Voluntary Sector

This module aims to enable the student to:

• Mapoutyourlearninganddevelopmentneeds• Settheseneedswithinthecontextoftheprogramme• Learnnewlearningandstudyskills• Developskillstoresearchafieldofstudyselectingrelevantinformationwhilstomitting

irrelevant discourse• Developskillstoanalyseandsynthesisecomplexinformationwithinacoherent

framework• UnderstandandgrasptheskillofworkinginanActionLearningSet(ALS)

Syllabus

• TheTheoryofLearning• Assessingyourlearningstyle• Learningandpolishingstudyskills• Makinguseofalltheavailabletools• DrawingupaLearningContract• Writingamasterslevelassignmentutilisingrelevantresearchtechniques.

Marketing and Fundraising

The aims of the module are:

• Toprovidestudentswiththeconcepts,underpinningknowledge,skillsandtechniquestoplan and develop marketing and operations systems

• Toenablestudentstoanalysemarketingneeds,evaluatemarketingplans,inthecontextof applying marketing concepts to their own organisation.

Syllabus

• Effectivemarketinginformationsystems• Developmentofamarketingstrategy• Product/servicepolicyandnewproductdevelopment• Roleofcommunications• Branding• Pricingasavalue-addedmarketingtool• Capacityplanning–resourcesplanningandallocation• Totalqualitymanagement• Stakeholder/customercare.

Strategy, Diversity and Governance

The aims of the module are:

• Todevelopabroadknowledgeandconceptualbaseinthefieldofstrategydevelopment,diversity and governance

• Introducepracticaltoolstohelpimprovethequalityofanorganisation’sstrategicresponse to the changing environment

• Introducepracticaltoolstohelpimprovetheabilityoftheorganisationanditsmanagersand leaders to build a diverse workforce

• Anenhancedappreciationoftheconstraintsandopportunitiesofferedbythechanginggovernance and service-delivery frameworks which affect voluntary organisations.

Syllabus

• Improvinganorganisation’sstrategicresponsebyuseofstrategyanddiversitymanagement and theory

• Approachestodevelopingstrategy• Approachestomanagingdiversity• Thechangingenvironmentofthevoluntarysector• Casestudiesontheapplicationofstrategicplanninganddiversity.

Specialist subject modules

Advanced Charity Accounting, Audit and Taxation

This module aims to:

• Providestudentswithadvancedknowledgeofcharityaccounting,auditandtaxationprinciples and practice requirements.

Syllabus

• TheSORPandregulatoryframework• Statementoffinancialactivities• Branchaccounting,consolidation,mergersandassociates• Disclosureofaccountingpolicies• Accountingforsmallercharities• Audit/independentexaminationofcharityaccountingstatements• Maintaxexemptions• Taxeffectivegiving• Charitytrading• VAT.

The module provides the underpinning for the fieldwork exercise report, and foundation for theVoluntarySectorFinancialManagementmodule.

Voluntary Sector Financial Management

The aim of this module is to:

• Providestudentswithanin-depthgroundingoftheprinciplesoffinancialmanagementapplied to the charity sector.

Syllabus

• StrategicfinancialmanagementandtheroleoftheFinanceDirector• Managing,includingoutsourcingthefinancefunction• Regulation,internalauditandcontrol• Reportingtotrusteesandstakeholders• Workingwith,appointing,reviewinganddismissingfinancialadvisorsandservices• Investmentplanninganddecisionmaking.

The module links the technical knowledge in Charity Accounting through the fieldwork exercise in delivering the management component of the module.

Fieldwork exercise

This module aims to enable the student to:

• Undertakea“tailored”learningexperiencecentredona4-5dayconsultingassignmenton a financial project within a charity

• Negotiateaseriesoflearningexperiencesincludingstudyinginadifferentorganisation• Bridgethespecificcharitytechnicalknowledgeandmanagementapplicationmodules.

Syllabus

• Choose(approvalbyModuleLeaderrequired)orbeallocatedanorganisationforundertaking a 4-5 day consulting project

• Undertakea4-5dayconsultingproject–observingandlearningfromit• Useallthetheoriesandmodelslearntontheprogrammeinthepreparationofareport

containing analysis and reflection.

Term dates for ICAEW membersDiploma

Modules

Induction day 17 April 2015*

LearningandUnderstandingtheVoluntarySector 17–18April2015

Adv.CharityAccounting,AuditandTaxation 15–16May2015** 26June2015*

VoluntarySectorFinancialManagement 27June2015 24–25July2015

Shadowing / Fieldwork to be completed by early (potentially exempt) August 2015

Course Review Day (mandatory) 4 September 2015

Strategy,DiversityandGovernance 06–07November2015 11–12December2015

MarketingandFundraising 15–16January2016

Examination dates

AdvancedCharityAccounting,AuditandTaxation Thursday16July2015 (14:00 to 17:00)

Teaching normally takes place between 13:00 and 21:00 on Friday, and 09:15 to 17:30 on Saturday.

The following denote exceptions: *Allday(09:00–20:00) **Compulsorysession:OverviewonCharityAccounting (18:00to20:30onThursday14May2015)

AnActionLearningSetsessionwilltakeplaceontheFridaymorningofeachalternateteaching module.

Masters (conversion)

Masters by dissertation

ResearchMethodsforManagers 22–23January2016

DissertationProposalReviewDay 19February2016

Dissertation due15September2016

Taught Masters

ResearchMethodsforManagers 22–23January2016

All Specialist Pathway modules of one of the other courses:

Fundraising** 13–14May2016 17June2016

StrategicCharityMarketing 18June2016 15–16July2016

Fieldwork exercise to be completed by early August2016

Or

PrinciplesandPracticesofGrantmaking** 13–14May2016 17June2016

ManagementofGrantmaking 18June2016 15–16July2016

Fieldwork exercise to be completed by early August2016

Or

Organisation,LeadershipandChange 20–21May2016 17June2016

ManagingPeopleandQuality 18June2016 15–16July2016

Shadowing to be completed by early August2016

Or

NGOManagement–StrategicIssues 20–21May2016 17June2016

ManagingNGOs:PeopleandPractices 18June2016 15–16July2016

Shadowing to be completed by early August2016

Examination dates

Appliestomodulesmarkedwith**only 08July2016(14:00-17:00)

Teaching normally takes place between 13:00 and 21:00 on Friday, and 09:15 to 17:45 on Saturday.

The facultyThe faculty represents a combination of leading academics and practitioners.

Stephen BubbisChiefExecutiveoftheAssociationofChiefExecutivesofVoluntaryOrganisations(ACEVO).Involvedinleadershipandsectorfundingwhichhasradicallyshifted attitudes and policies. Currently leading the establishment of a Third Sector LeadershipCentre,andamemberofTheSundayTimes/YouGovThinkTank.

Professor Ian Bruce CBEisaVisitingProfessorandhisparticularinterestisstrategicplanningandmarketingforcharities.HeisVicePresidentoftheRoyalNationalInstituteoftheBlindandwaspreviouslyChiefExecutiveoftwonationalcharities,aChiefOfficerinlocal government and manager in the private sector.

Professor David Clark is a Chartered Accountant acting as an independent consultant to charities.From1987to2005hewasamemberoftheCharitiesandNot-for-ProfitUnitofhaysmacintyre and predecessor firms, the last 15 years as an audit partner. He continues to actasaConsultanttohaysmacintyreandisaVisitingProfessoratCassBusinessSchool.He is actively involved in advising a wide range of charity sector clients on their financial management and has developed a specialisation in religious charities, especially Roman CatholicDiocesesandReligiousOrders.

Caroline Copeman isaSeniorVisitingFellow.Shehas20yearsseniorexperienceinthe commercial, public and voluntary sectors and has particular knowledge of strategy development and business planning, human resource management, change management, leadership and organisational development.

Professor Stuart Etherington isChiefExecutiveofNCVO.Throughouthiscareerhehasbeeninvolved in the leadership of voluntary organisations and policies surrounding them. As such he has become a leading commentator, both through his writing and his media profile.

Dr Peter Grant isSeniorTeachingFellowintheFacultyofManagementandtheacademicleaderontheMScGrantmaking,PhilanthropyandSocialInvestmentprogramme.Peterworked in the Arts and then as Director of an inner city charity for eight years. He joined SportEnglandattheinceptionoftheNationalLotterywherehewasrespectivelyDeputyDirectorofOperationsandthenHeadofPublicAffairsandDevelopment.From1999to2004hewasDirectorofOperationsoftheNewOpportunitiesFund.

Professor John Hailey is a Senior Teaching Fellow at Cass Business School and the academicleaderontheMScNGOManagement.Heisalsoanindependentconsultant.Formerly,hewasProfessorofInternationalManagementandDeputyDirectorofOxfordBrookes University Business School, Director of the International Development Centre at CranfieldSchoolofManagement,andaResearchFellowattheEastWestCenterinHawaii.HewasalsooneofthefoundersoftheOxford-basedInternationalNGOTrainingandResearchCentre(INTRAC),andwasthefirstDirectorofINTRAC’sPraxisProgrammewhichwas established to inform the development of new approaches to capacity building and managing change.

Professor Jenny Harrow,ProfessorofVoluntarySectorManagementintheCentreforCharity Effectiveness, has extensive academic and practitioner experience in the voluntary sector. She is the Co-director of the ESRC Centre for Charitable Giving and Philanthropy and is a collaborative researcher, with research clients including Communities Scotland, theCommunityFund,theJosephRowntreeFoundationandtheNCVO.Shehasastrongtrack record in doctoral supervision and is an active trustee in the fields of disability and community action.

Professor Andrew HindisaVisitingProfessorinCharityGovernanceandFinance.HeisthejointmoduleleaderforResourceManagementandVoluntarySectorFinancialManagementwith Professor Paul Palmer. He was previously the Chief Executive of the Charity CommissionandcurrentlyEditorofCharityFinanceMagazine.

Ray Jones is Head of Accountancy Policy at the Charity Commission and is module leader for one of the specialist pathway modules on the Charity Accounting and Financial Managementcourse.

Professor Stephen LeeisAcademicLeaderforthePgDip/MScCharityMarketingandFundraising programme. He is an active researcher and leading commentator on strategy development, marketing, fundraising, ethics and non-profit governance issues. He entered thevoluntarysectorin1982asDeputyChiefExecutiveattheCharitiesAdvisoryTrustandDirectory of Social Change. Following further senior appointments in the not-for-profit sector,heheldthepostofDirectoroftheInstituteofFundraising(IOF)foraperiodof eleven years.

Professor Paul Palmer is the Associate Dean for Ethics, Sustainability and Community EngagementatCassBusinessSchoolaswellastheCentre’sCourseDirectorforthespecialistcharityMastersprogrammes.Astheauthorofseveralbooksoncharityfinanceandgovernance,healsocontributestoNCVO’sweb-basedhelplineandisamemberoftheCharityCommission’sSORPcommittee.Previouslyheworkedinseniorpositionsinthevoluntary sector.

Atul Patel isaSeniorTeachingFellowandtheacademicleaderontheMScVoluntarySectorManagement.Qualifiedinsocialwork,hehasspentmorethan15yearsworkinginthevoluntary and statutory sectors. His particular interests are in management development, strategy development, diversity development, assessment of complex staffing situations and advising trustees.

Current and past contributors and guest lecturers include:

PgDip/MSc Charity Accounting and Financial Management

Tony Austin TaxPartner,Mazars,LondonRegionKevin Barnes Finance Director, BarnadosDon Bawtree PartnerandHeadofCharityUnit,BDOStoyHaywardPaul Breckell FinanceDirector,RNIDJames Brook-Turner FinanceDirector,NuffieldFoundationGeoff Burnand Social FinanceJim Clifford Partner, Baker TillyGreyham Dawes Director, Charities Unit, Horwath Clark WhitehillKenneth Dibble HeadoftheLegalDivision,CharityCommissionGraham Elliott VATPartner,WithersNeil Finlayson Charities Partner, Kingston Smith Chartered AccountantsPesh Framjee Partner, Horwath Clark Whitehill, Charity UnitPeter Gotham Chair of Charities Special Interest Group, ICAEWBob Humphreys OxfamRobert Meakin Partner, Stone King SolicitorsPaul Mitchell NewtonInvestmentManagementRussell Moore CharityVATconsultant,SaffreyChampnessRick Payne ICAEWFinanceInnovationLabAndrew Pitt HeadofCharities,NewtonInvestmentManagementAdrian Poffley World BankDavid Rowe Head of Charities Unit, UBSMark Salway Finance Director, CARE InternationalKate Sayer Partner,SayerVincentAlan Sharpe Finance Director, RSPB; Chairman, Charities ConsortiumJulian Smith Partner, Farrer and CoJohn Tate IT Advisor (Charity Finance Group, Charity Technology Trust)Andrew Wauchope Head of Charities, UBS

PgDip/MSc Charity Marketing and Fundraising

Mark Astarita ChairIOF&DirectorofFundraisingBritishRedCrossKen Burnett Fundraising ForumJane Cunningham CEOPersonalTelephoneFundraisingFiona Hesselden ConsultantatUNHCRInternationalGiles Pegram ConsultantRichard Radcliffe Chairman,LegacyCampaignDevelopment,Smee&Ford

PgDip/MSc Grantmaking, Philanthropy and Social Investment

Steven Burkeman ChiefExecutive,BoardMemberandVolunteerin not-for-profit sectorDavid Carpenter DirectorTrioplusConsultantsandformerDirector,Lottery Sports FundChristine Elliott Chief Executive, Ramblers AssociationMargo Horsley Consultant and Trainer for trusts, foundations, LotterydistributorsandcharitiesJulia Kaufmann Freelance evaluator, trainer and capacity builderProfessor Diana Leat VisitingProfessor,CassBusinessSchoolSarah Mistry HeadofResearch,BigLotteryFundGerald Oppenheim DirectorofPlanningandPerformance,BigLotteryFundCathy Pharoah Former Head of Research, Charities Aid FoundationNigel Siederer Runs Good Foundations ConsultancyClare Thomas MBE ChiefGrantsOfficer,BridgeHouseTrustAnthony Tomei Director,NuffieldFoundationBeth Breeze Freelance researcher and writer specialising in philanthropy and charitable giving

PgDip/MSc NGO Management

Christine Allen Director progressioNeil Casey Chair, People in AidChris Cattaway IndependentConsultant,pm4ngo&GlobalAchievementsJames Crowley Accenture Development PartnershipCorinne Davey Director, CDDCBen Emmens Director of Human Resource Services, People in AidAnna Feuchtwang Director, Every ChildAnne Garbutt ConsultanciesDirector,INTRACAlex Jacobs DirectorofQuality,PLANInternationalBen Jackson Director,BONDRick James SeniorConsultant,INTRACDavid Lewis ProfessorofSocialPolicy,LSERachel Manton Accenture Development PartnershipPeter Moore Action Aid, International BoardChristie Peacock CEO,FarmAfricaNick Roseveare FormerDirector,BOND

PgDip/MSc Voluntary Sector Management

Debra Allcock-Tyler Chief Executive, Directory of Social ChangeAndrew Baines RoyalBritishLegionFiona Bartels-Ellis Head,EqualOpportunityandDiversity,BritishCouncilKate Bowgett VolunteerManagementAdvisor,LondonMuseumsHubDorit Braun Parentline PlusSimon Davey OmegaAlphaLtdPaul Hemming Southern Region ChildlineVeronique Jochum NCVOSusan Kay-Williams GardenOrganicNigel Lewis ChiefExecutive,AbilityNetBharat Mehta Chief Executive, City ParochialTony Newby BTCVLouise Savell ARK Valerie Tulloch NCHSally Warren GenerateKarl Wilding DirectorofPublicPolicy,NCVO

Course feesThe fees for the programme are:

PostgraduateDiploma £5,850

MScConversion £3,150

The fees for the Postgraduate Diploma have to be paid not later than registration (unless sponsored when the sponsoring charity will be invoiced around the start date of the course). Any deposit paid to secure your place will be deducted.

ForthoseconvertingtheDiplomatoMScthefeeof£3,150ispayableasasinglepaymentinthe second year.

Foranyfurtherenquiries,pleasecontacttheCharityProgrammesOffice [email protected]

Centre for Charity EffectivenessCass Business School106BunhillRowLondonEC1Y8TZT: +44 (0)20 7040 5114E: [email protected]/masters

Cass Business SchoolIn 2002, City University’s Business School was renamed Sir John Cass Business School following a generous donation towards the development of its new building in Bunhill Row. The School’s name is usually abbreviated to Cass Business School. Sir John Cass’s FoundationSir John Cass’s Foundation has supported education in London since the 18th century and takes its name from its founder, Sir John Cass, who established a school in Aldgate in 1710. Born in the City of London in 1661, Sir John served as an MP for the City and was knighted in 1713.