One of the biggest challenges for anyone faced with responsibility in a charity is getting to grips with the rules on finance, particularly all the special requirements under charity law. In a format short enough to read in a couple of evenings, this handbook covers the key principles in charity accounting and finance. In the second edition: all legal information is fully updated to take account of the Charities Act 2006, Companies Act 2006 and the Charities and Trustee Investment (Scotland) Act 2005 - including the accounting changes which take effect from 2008; issues related to the Charities SORP are fully updated for SORP 2005; considerably expanded section on financial issues for charities in public service delivery; new section on partnership working including VAT issues; and, practical advice on accounting for full cost recovery.Containing plenty of helpful examples, this guide is suitable for voluntary sector workers with little or no accounting experience, those from other sectors seeking a rapid update on charity accounting and students on third sector courses.