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Post Info TOPIC: Independent Examination for Charity


Senior Member

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Independent Examination for Charity


Hi all

I have been asked to provide an independent examination for a charity. It is simply a village hall and extremely small and I have checked that there are no requirements for an official audit.

While I have done the bookkeeping and accounts for charities before I have never actually done an independent examination and I wondered exactly how this should be carried out.

The treasurer has produced accounts on a cash basis and I have requested these with bank/ petty cashstatements.

Should I alsoask to see all the income & expenditure documentation?

Is there anything else I should be aware of?

I see there is a template on the GOV website, is this the best to use or could anyone advise a better one?

Any help greatly appreciated

Thanks

Valerie



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Master Book-keeper

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lots to learn wrote:

Should I alsoask to see all the income & expenditure documentation?


Hi Valerie

Yes to the above

Treat it a bit like an audit. Last thing you want is someone else picking up on something that you havent when it has your name all over it.

Never used a template myself. Can you add the link - only cos Im nosey.



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Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Senior Member

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Date:

Thanks Joanne

This is the link

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/754420/Independent_Examiner_s_report_template_SORP__FRS_102__non-company_Oct_2018.pdf

It's pretty basic but I guess it does the job

Valerie



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Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



Master Book-keeper

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Posts: 7457
Date:

Hi Valerie
I see what you mean about the form.

Ive not looked recently but charity commission website used to have things pretty well covered with regards to instructions, so might be worth a hunt around.

Thanks for the link



-- Edited by Cheshire on Tuesday 19th of March 2019 12:38:25 PM

__________________

Joanne

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

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