You will need to produce detailed final accounts as an important part of the evaluation process.

Producing final accounts for the event will:

• determine whether or not the event was a financial success
• comply with grant/funding organisations' conditions
• identify areas of overspend/underachievement of income
• provide base information for setting next year's budgets

The accounts should be agreed by the organising committee and audited by an independent auditor as soon as possible after the event.

Make sure that accounts are completed, agreed and signed off before sending any necessary copies to funders.

Key Points:

• Complete the final accounts without delay
• Ensure that all suppliers have submitted invoices before you finalise the accounts
• Have the accounts independently audited

See Also:

2.4 Draft Budget
3.2 Apply For Funding
3.4 Finalise Budget
8.3 Feedback to Sponsors/Funders