During the summer, CCEW undertook their annual review of a number of sets of submitted accounts as part of the double default class inquiry. The review focuses on charities who fail to file accounts properly in two consecutive years, so-called ‘double defaulters’.
The review found that most of the accounts submitted were of an acceptable quality and they particularly commented that those charities who used the CCEW templates were more likely to have good quality accounts.
They also commented that not all trustees appeared to understand the external scrutiny requirements. If you require an overview of the external scrutiny requirements or disclosure requirements of your accounts, please contact us.
Full details of this accounts monitoring report can be found on the CCEW website.
Updated 25 October 2017
This article features in our Charity Newsletter Autumn 2017. To see the full version please click here.
If you would like to find out more about any of the topics covered in our Charity Newsletter and how we at Robinson Reed Layton can assist, please contact our Charities Partner, Mark Williams, on 01872 276116 or mark.williams@rrlcornwall.co.uk. You can signup to receive our Charity Newsletter here.
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