Will I, a registered member in practice with CIMA, be allowed, as the accountant of a charity to also act as their independent examiner?
Please advise. Thank you.
I came across this guide on the Charity Commission website, CC32 - Independent Examination of Charity Accounts: Examiners’ Guide.
Part C3 of this guide seems to be saying that the Charity Commission would not permit this.
There are other guidance documents on charity accounting reporting on this website that you may find useful.
I hope this helps.
Bill Haskins, CIMA
If you prepare the accounts and then examine them you are simply checking your own work and there is no way the Charity Commission will accept this.
Below is an extract from CC32:
"An examiner cannot independently review his or her own work and so the
person who is the charity’s book-keeper cannot be the charity’s examiner"
For "book-keeper" read "accountant".