By Aishat
On "The Nonprofit Bookkeeper," with support from my guests, we'll explore the intricacies of establishing nonprofits, uncover the driving forces behind their creation, and shine a light on the ofte
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The podcast currently has 37 episodes available.
In this special episode, Aishat explores what charity fraud is, the common risks charities face, and actionable steps to prevent it.
With a focus on small charities, Aishat explains why these organizations are particularly vulnerable to fraud and offers practical tips to safeguard resources, protect reputations, and maintain public trust. Plus, she shares some real-life examples of charity fraud.
Whether you’re a charity leader, trustee, volunteer, or donor, this episode is packed with valuable insights to help you stay fraud-aware all year long.
KEY TAKEAWAYS
EPISODE RESOURCES
Donations Fraud: https://www.bdo.co.uk/en-gb/insights/industries/not-for-profit/giving-or-taking-is-your-charity-losing-funds-to-fraud
Internal Fraud: https://www.gov.uk/government/case-studies/case-studies-of-insider-fraud-in-charities
Register Interest for Charity Fraud Report 2024: https://www.bdo.co.uk/en-gb/insights/advisory/forensic-services/charity-fraud?_gl=1*1bzqw7w*_ga*MTk3ODAzMzc0Mi4xNzMyNTQ4NTUw*_up*MQ..#register
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode, Aishat explores the concept of a negative budget and how it can be used strategically by charities to drive growth and meet community needs. While many charities strive for balanced or surplus budgets, sometimes running a planned deficit can help organizations invest in their future. Aishat breaks down when and why a charity might choose to adopt a negative budget, how to present it to a board, and what to do if the board is more risk-averse.
KEY TAKEAWAYS
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode, we tackle an important yet often misunderstood topic: How can directors of social enterprises be paid legally and ethically? Aishat breaks down the key legal guidelines governing director payments, discusses best practices for handling both directorial salaries and payments for additional services, and explores how to manage potential conflicts of interest. Whether you’re a CIC director, founder, or part of a social enterprise team, this episode will give you the insights you need to stay compliant while maintaining transparency and fairness.
KEY TAKEAWAYS
EPISODE RESOURCES
Guidance on CIC Remuneration: https://www.gov.uk/government/publications/community-interest-companies-how-to-form-a-cic/community-interest-companies-guidance-chapters#things-to-consider
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode of the Nonprofit Bookkeeper, host Aishat discusses the implications of trustee payments in light of the disqualification of Naomi Campbell and Bianca Helmick from being charity trustees or holding senior management positions in a charity for a combined period of 14 years. The conversation delves into the legal framework surrounding trustee payments, the findings of the Charity Commission's investigation, and the governance failures that led to a finding by the inquiry of significant financial mismanagement. Aishat emphasizes the importance of transparency, accountability, and adherence to charity regulations, providing valuable lessons for nonprofit leaders to prevent similar issues in their organizations.
KEY TAKEAWAYS
EPISODE RESOURCES
Charity Inquiry: Fashion for Relief - GOV.UK (www.gov.uk)
'I was not in control': Naomi Campbell defends her role after she was banned from being charity trustee | Ents & Arts News | Sky News
Naomi Campbell orders a new investigation into her charity after trustee ban | ITV News
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode of The Nonprofit Bookkeeper, Aishat discusses the critical need for social enterprises to diversify their funding sources beyond grant reliance. She explores various alternative revenue streams, including earned income, membership models, crowdfunding, and corporate partnerships, emphasizing the importance of financial stability and growth through diversification.
KEY TAKEAWAYS
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode of the Nonprofit Bookkeeper, Aishat discusses the complexities surrounding payments to trustees in UK charities. She explains the legal framework that allows for such payments under certain conditions, the importance of transparency, and the potential risks involved. The conversation also covers reimbursements for expenses and the need for careful documentation and justification when considering salaries for trustees. Aishat emphasizes the importance of aligning decisions with the charity's mission and maintaining integrity within the organization.
KEY TAKEAWAYS
EPISODE RESOURCES
Rules on paying trustees: Payments to charity trustees: what the rules are - GOV.UK (www.gov.uk)
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode, Aishat highlights signs that indicate it's time to hire a bookkeeper! such a
She shares some of the work a bookkeeper can help with, including financial management, tracking restricted funds, and ensuring compliance with tax regulations.
Aishat also emphasizes the need for a bookkeeper who understands the unique needs of nonprofits and can communicate clearly.
She recommends BAnC Services as a partner for nonprofit bookkeeping.
KEY TAKEAWAYS
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode of the week long anniversary series, Aishat shares three key lessons she has learned over the three years of running BAnC Services, a bookkeeping and accounting practice that works predominantly with nonprofits and individual.
She concludes the series with this episode by sharing three quotes that capture the essence of of BAnCServices' journey.
KEY TAKEAWAYS
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode of our business anniversary series, I shine a light on Culture Community, a Saturday school for children aged 8 to 16 that focuses on black history, culture, and traditions.
Culture Community provides a safe space for children to discuss their feelings. offers lessons on black leaders and inspirational figures, along with engaging activities and games.
I sit down with the Founder, Precious Graham, to discuss her inspiration for starting the school, the challenges they’ve faced, and their many accomplishments. Precious also shares why they "keep it moving" despite obstacles, her vision for the future of Culture Community, and the partnership between Culture Community and BAnC Services.
Precious explains Kwanzaa (one of their planned activities) the way she has experienced it, as the celebration of Christmas by Rastafarians, though google explains it as an African American celebration.
Tune in to learn more about this vibrant Black Saturday School and the enriching experiences it offers for your child.
KEY TAKEAWAYS
BEST MOMENTS
“… there may be days when you create something and two people turn up, no matter how many people turn up. You always have to show up, you always have to give them the best experience…”
“… our team is ready to go. Like, we're always ready to pounce, We're not scared of any challenges. We're just ready to roar, let's say that..”.
… you have to always think, in order for this to work, you need to still have finances coming in and then you're able to give out more…”.
"A lot of the children always say to us, we love Culture Community because we feel like we're being listened to. It's not like typical school..."
EPISODE RESOURCES
Find out more: https://www.culturecommunity.co.uk/
Connect: https://www.instagram.com/culturecommunitycic/?hl=en
Follow: https://www.facebook.com/CultureCommunity21/
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
In this episode, the host, Aishat speaks about BAnC Services the bookkeeping and accounting practice she founded.
As BAnC Services celebrates its third anniversary, she reflects on its journey, talks about plans for the future, for The Nonprofit Bookkeeper and for BAnC Services.
Aishat also expresses gratitude to clients, mentors, and supporters who have been instrumental in the practice's growth.
ABOUT YOUR HOST
Aishat operates her own bookkeeping and accounting services practice – BAnC Services which focuses primarily on serving non-profits. Before founding her practice, she dedicated over two decades to the non-profit sector.
With her podcast, Aishat shares practical insights and expertise to streamline financial management for non-profits; and shines a light on the often unseen & unheard efforts that uphold the delivery of a non-profit’s mission.
Beyond her professional endeavours with non-profits, Aishat is deeply committed to supporting single mothers with navigating financial management challenges and is the author of "Money Solutions for Single Mums". She also champions financial literacy among young black adults and thrives in discussions about money management.
Work with Aishat: www.bancservices.co.uk
CONNECT
TikTok
The podcast currently has 37 episodes available.