Is It Time For a Refresh of Your Charity’s Independent Examination Arrangements?

Did you know that we offer Independent Examinations as a service for charities that require them?

As lots of charities will now be closing off their 2025/26 financial year ends, is it also time for a refresh?

Independent Examinations are required if a charity’s gross annual income exceeds £25,000.

Independent Examinations are a form of external scrutiny of a charity’s accounts by an impartial, independent examiner. This helps maintain public trust and confidence that the charity’s accounts accurately reflect its financial activities, and that the charity’s records comply with the relevant legislation. They give trustees, funders, and the public confidence that a charity’s funds have been managed appropriately. 

It is the trustees’ responsibility to select a competent person who has the necessary skills and knowledge to undertake a successful independent examination. For those charities with an income of more than £250,000, the trustees must check that the person is qualified and eligible to act as their examiner, such as a chartered accountant.

Benefits of using us: –

  • Laura is a chartered accountant and a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which brings an enhanced benefit of expertise and experience, ensuring that the examination is thorough and accurate. See Why Your Business Needs an ICAEW Chartered Accountant
  • Laura has extensive experience, having worked with local charities in the North East for over 25 years.
  • Compliance with regulations (ICAEW members are familiar with the latest rules and practices). See ICAEW Regulation and Compliance
  • Cost effectiveness – ICAEW members can provide expert independent examination services at a lower cost than a full audit, making it an affordable option for many charities.
  • Guidance and support – ICAEW members can provide support and guidance throughout the examination process, helping trustees and the charity navigate the complexities of an independent examination.

 

For further information on Independent Examinations, contact us at enquiries@laurawhittle.com

Tags : 

News Items

Share This :