New guidance about independent examination issued.
The Charity Commission has updated its guidance for trustees on what they need to know about independent examination.
This guidance gives trustees the information they need to:
- check whether their charity can have its accounts independently examined instead of audited
- appoint a suitable person to carry out the independent examination, and
- prepare for the independent examination.
This might be particularly relevant to small charities that don’t meet the statutory audit threshold of £1 million.
If you need advice about independent examination, get in touch for an informal chat.
Telephone: 0121 678 8803