The guidance, which has been published today, is aimed at trustees with no finance expertise and will be distributed to 15,000 trustees.
The guide sets out what is expected from trustees in the governance of their charities’ finances, and covers areas such charity accounts, tax, finding the right auditor and insolvency.
It draws on a wide range of other guidance, including from accounting firms specialising in the charity sector and the Charity Commission. The guidance features an introduction by Sarah Atkinson, director of policy and communications at the commission, that welcomes the guidance as "a useful addition to the resources available to the charitable sector".
Vicky Browning, chief executive of Acevo, said: "This guide is designed as a first and gentle introduction to charity finances, aimed at trustees who haven’t had experience of this area before.
"By giving it to new or less-experienced trustees, and even to experienced trustees who lack confidence when it comes to financial governance, you can steer them towards the areas where they should have informed oversight and give them the confidence to know they’re asking the right questions to meet their duties."
Andrew Pitt, head of charities at Rathbones Investment Management, said: "The vast majority of trustees ensure their organisations are effective and well run, despite the many challenges they face. Yet the case for good governance in charities led by trustees that have a proper understanding of their role has never been clearer.
"We hope that this guide will prove a useful source for charity trustees across the country."