For the latest information and guidance on the Service Charity Sector and the coronavirus (COVID-19) outbreak, please click here

Accounts monitoring: Reporting of matters of material significance by auditors

The Commission reports on its accounts monitoring reviews to:

  • make charities more transparent and accountable
  • help trustees understand the risks charities face
  • improve reporting standards

Auditors have an important role and their reports of matters of material significance inform the Charity Commission’s regulation of the charity sector and enable them to engage more promptly with charities in difficulty. In the six months to 31 October 2017, the auditors of 114 charities gave audit opinions containing information that they were required to report to the Commission as a matter of material significance.

Follow this link for the full document.

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The Service Charity Sector and the coronavirus outbreak

For the latest information and guidance on the Service Charity Sector and the coronavirus (COVID-19) outbreak, please click here