Charities

An independent examination is a review of a charity’s financial statements to ensure they are free from material misstatements, but it is less comprehensive than a full audit. Charities with lower turnover levels may be eligible for an independent examination instead of a full audit, which involves a more detailed and rigorous examination of financial records and controls.

The need for a full audit or an independent examination depends on specific criteria such as your charity’s turnover and financial complexity. Our team can assess your charity’s situation and recommend the most appropriate option to ensure compliance with regulatory requirements.

Outsourcing accounting provides access to specialised expertise, reduces administrative burdens, and ensures compliance with financial regulations.

Governance reviews should be conducted regularly to ensure that your charity’s structures and practices remain effective and compliant with current regulations. It is recommended to review governance at least every few years or whenever there are significant changes in the charity’s operations or leadership.

Yes, we offer guidance on forming and structuring your charity, including advice on selecting the most appropriate legal entity and management structure. This helps ensure that your charity is set up for success and operates efficiently within its regulatory framework.