Accounts – Audit or 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
The trustees of all registered charities must produce a trustees’ annual report and accounts each year. For information on the reporting requirements and on what the accounting terms used in this guidance mean, please refer to Charity reporting and accounting: the essentials (CC15d).