EASES- connecting Europe & Africa through technology, business & talents.

EASES- connecting Europe and Africa through Technology, Business and Talents.

Knowledge brings wealth & health. PC motherboard- backbone of modern technology.
EASES- Technology, Knowledge and Business.

Euro-Afric Systems Enterprises

Business/ Charity setup & financial accounting. Financial accounting in business.

Business and Charity Setup

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We are experienced in setting up businesses and charities; also trained in charity law, charity accounting and financial management etc through London South Bank University (LSBU).
This is in line with the guideline of the Charity Commission of England and Wales. If you want to set up a business, but you are not sure about the form it should take, you can contact us for help.

Setting up a business can be difficult. Managing and sustaining it for future success is even more difficult. This is the reason why professional training is essential.

  • The proprietor of EASES is undergoing MSc Charity Accounting and Financial Management (two-year part time) course at London South Bank University, London (Sept 2006- 2008). Successfully completed Year 1, proceeded to Year 2 (final year) September 2007. Completing (exams) in June 2008, followed by dissertation.

  • This is a specialist course in line with the Transparency & Accountability in Charity business.recommended professional practices and standards for charities, set by the Charity Commissioner of England and Wales, for enhanced effectiveness and efficiency. Units include:

1. Charity Accounting and Finance:

- Knowledge of the concepts and practices in general accounting, understanding of charity accounting requirements and to appreciate good practice in charity financial accounting and reporting (Statement of Recommended Practice (SORP 2005): Accounting and Reporting by Charities in accordance with the Charity Commission in England and Wales).
- Knowledge of current legal regulations and professional standards that affect charity accounting and accountability
- Assess whether charity accounting and reporting systems are in accordance with recommended professional practice
- Interpret financial accounting statements prepared by respective charities
- To be able to give advice to charity managers and trustees on matters of charity accounting and financial management
- Assist in procedures to plan and control decision-making by charities, etc.

2. Charity Law:
- Evolution of Law
- Theory and origin of Engish Law
- Distinction between Common Law and Statute
- Evolution of Trust and how it is formed
- Forms of organisations Charity can take
- Formation of Charity: qualities, responsibilities and obligations of trustees and
- Governing documents: constitutions etc
- Employment Law: contract of employment against contract for employment, etc
- Law of Contract, Tort and Negligence

3. Marketing and Fundraising

4. Human Resource Management
- Employment Law
- Contract of Employment (i.e. employees vs employer relationship)
- Contract for Employment (i.e. self-employed, freelance, etc providing services on contract).
- Equal Opportunities and Anti-discrimination policies
- Managing Diversity
- Organisational Culture, etc

5. Voluntary Sector Financial Management:
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to be conversant with regulatory and best practice issues affecting Voluntary Sector Financial Management
- to acquire analytical skills necessary to undertake a range of financial management activities.
- to be an effective member of the management team, and be able to give authoritative advice to the Management Committee (Trustees)
- understand the role of the Finance Director, Finace Strategy, Funding the Social Economy, Reserves and Sustainability, Risk Management and Internal Audit, etc

6. Research Methods and Methodology:
-
Research/ dissertation proposal
- Research design/ plan
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Research topic and research questions (Identify and develop)
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Literature review
- Data collection methods/ techniques
- Interviews and questionnaire design
- Conducting research
- Data analysis (using SPSS 14 for windows computer software)
- Referencing (Harvard Referencing System)
etc

7. Charity Taxation
- The concept and origin of taxation in Europe
- Types of tax: direct and indirect; income tax, corporate tax, inheritance tax, value added tax (VAT), National Insurance Contributions (NIC), etc
- Employment taxes
- VAT and service delivery: recovery of VAT
- Tax exemption, Zero-rated tax,
- Gift Aid as source of charitable income: gift aid and tax recovery by charities and donors
- Tax evasion, tax avoidance, etc.

8. Advanced Charity Accounting
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Statement of Recommended Practice (SORP 2005): Accounting and Reporting by Charities in accordance with the Charity Commission in England and Wales.
- Trustees Annual Reports: Reserves policies, Investment policies etc.
- Statement of Financial Activities (SOFA): Incoming Resources and Resources Expended, Restricted and Unrestricted Income, Funds movement etc
- Cost Apportionment and Full Cost Recovery
- The Balance Sheet: Charity's Assets and Liabilities, Liquidity ratio
- Cash Flow analysis: liquidity appraisal
- Management Accounting: investment appraisal, strategic planning etc.
- Budgeting, budgetary control and variance analysis
- Social Accounting: a method by which a business gives accounts for the impact of its operations on the society or environment.
- Social accounting and auditing: measuring and reporting on an organisation's social and ethical performance.
- Auditing and Independent Examination: differences, conditions, merits and demerits

For more information, click about the proprietor.

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