29 Sep 2017

The Charity Commission has published updated guidance on how to carry out an independent examination of charity accounts. The revised guidance follows a public consultation, which took place during 2016.

The Charity Commission has published updated guidance on how to carry out an independent examination of charity accounts. The revised guidance follows a public consultation, which took place during 2016.


The guidance includes three new Directions that must be followed by independent examiners:

  • Examiners must check for any conflicts of interest that may prevent them from carrying out the independent examination
  • Examiners must check that related party transactions in 'SORP accounts' are properly disclosed
  • Examiners must check whether the trustees have considered the charity's financial circumstances when preparing the accounts, and for 'SORP accounts' whether the trustees have made an assessment of the charity's position as a going concern

The Commission has responded to feedback from the consultation by including a new checklist to help independent examiners meet all the requirements. The guidance also includes a framework for the independent examination of small charity accounts, as well as an expanded range of example examiner's reports, advice on fund accounting, and guidance for examiners about helping charities with accounts preparation and record keeping.


You can access the updated guidance on the Charity Commission website