We will make sure your accounts and reports are compliant with the Charities SORP, the framework for charity accounting and reporting – including the new versions that will take effect from 1 January 2015 – and advise you on how best to present these so that stakeholders, including beneficiaries, donors and regulators, can understand how your charity operates, as well as its financial situation.
Any charity that has income above a certain threshold must undergo an audit, to deliver assurance that trustees are maintaining proper financial records and that the charity accounts are an accurate reflection of these.
Milsted Langdon’s audits are about much more than simply reviewing your organisation’s financial records. We will also use your audit as a tool to help make sure you take advantage of all available opportunities to maximise tax efficiency and make best use of resources.
We can also use your audit to help identify any problems that could arise in the future and advise you on ways to address these issues.
If your charity falls below the threshold above which an audit is required, we can also assist with an independent examination of your accounts.
To help maintain and improve the efficiency of financial record keeping, we can advise you on what records are needed and how to keep them, either manually or using a computer.
Where charities already have computerised records, we can assist in unlocking the valuable financial data already held within them to assist charity leaders in managing and developing their organisation.
To find out how we can help you, please contact us.