Answer Posted / guest
charitable company's accounts must be audited by a
registered auditor who is authorised to audit company
accounts. A non-company charity's accounts must normally be
audited by a registered auditor authorised to audit company
accounts or a member of a "recognised body" named in the
Regulations under Part VI, Charities Act 1993 and eligible
under the rules of that body to audit charities. In some
circumstances the Audit Commission is authorised by the
Charity Commission under S9(2)a of the 1995 Regulations to
audit the accounts of a non-company charity connected with
local authorities or the NHS.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Which books are helpful for practising accounting's most tricky sums?
Explain different functions of internal audit?
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
Would you consider alternative vacancies if so which:
What is an internal audit and what is the role of internal audit?
How can scope of internal audit help you?
Whether Advance against property to be included in Loans & Advances while referring to section 185 & 186 of Companies Act, 2013?
What are objectives of internal audit?
Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.
How to do an internal audit effectively?
i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??
What is the mean of statutory audit?
Should the duty of creating a purchase order be segregated from the duty of creating a vendor?
What to do after the audit?
What is audit trail in siebel?