Important reporting updates for charity auditors
Updated guidance on reporting duties for charity auditors and independent examiners has been issued that requires prompt action.
Any person who is appointed as an independent examiner or auditor for a charity in England and Wales, Scotland or Northern Ireland has a duty to report matters of material significance to the respective charity regulator. In April 2020, UK regulators updated their joint guidance on this for auditors and independent examiners.
Changes made to the regulators’ joint guidance include the need to consider the impact of a national emergency (such as the COVID-19 pandemic and lockdown restrictions) on the conduct of an audit or independent examination and on the duty to report.
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