When the Charity Commission can allow a charity to substitute an independent examination in place of an audit.
Accountability in charities is important because it increases the public’s confidence that funds are being dealt with appropriately. An audit is one way of achieving this.
This guidance explains why the commision will only consider audit exemptions in exceptional circumstances.
23 May 2013
The Charity Commission
Charity money, tax and accounts
Don’t include personal or financial information like your National Insurance number or credit card details.