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Post Info TOPIC: Independent Examination for Charity
lots to learn


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Independent Examination for Charity
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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 cash statements.

Should I also ask 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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Cheshire


Master Book-keeper

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lots to learn wrote:

 

Should I also ask 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 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

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

You should check out answers with reference to the legal position
lots to learn


Senior Member

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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



__________________

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.
Cheshire


Master Book-keeper

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Posts: 8646
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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 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

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

You should check out answers with reference to the legal position
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