Government grants are much more common recently, due to the various aid offered during the Coronavirus pandemic. Beforehand, only a small proportion of companies would have received a grant from the government, but it is now expected that most companies will have some sort of grant included in their 2020 accounts. What wording is…
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The Charity Commission released updated guidelines in April 2020 for auditors and independent examiners. This was based around the statutory duty to report to the charity regulators in the UK on matters of material significance. The three main changes in this updated guidance are as follows: confirmation that difficulties in carrying out an audit…
All charities must file their Annual Return with the Charity Commission every year. The Charity Commission have released guidance regarding the current situation for anyone affected by coronavirus. If you are due to submit an annual return, but are unable to due to the virus, you must contact the Charity Commission before the filing…
