![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_OoFgZDOaX65rndoX4Rh4lexRDyBX722WpomKG4GRnli3pEEkZCbOjwdqS7oxaOEs1eqITokfLAgf_cZc2668VgsaAebSx5wEGqU5cUfv2YMa7CqqOIu3Dls54LSe7-fwtk3d3bf9EhxY/s610/uk-lgflag.gif)
The
Charity Commission (England and Wales) has published the results of its assessment of a sample of 296 charities' accounts against a
new external scrutiny benchmark: see
here. The purpose of the Commission's research was to find out if a minimum standard of scrutiny by auditors and independent examiners had taken place. The Commission found that just over three quarters of charities with an income of £1 million or more met the benchmark. However, among charities with income between £25,000 and £250,000, only 37% met the benchmark.
The Commission has also published a report on charities' reporting of related party transactions: see
here.
No comments:
Post a Comment