[LONDON, 10/03/2022] Charity auditing and accounting is a complex and important process in the UK. Because philanthropy and funds generated by charity fall under government regulation and to provide transparency to their donor and beneficiaries, charities also need to have annual audits.
The Value of Charity Audits
There are a few reasons an audit is important for charities. It guarantees proper allocation and utilisation of donations and shows transparency in its operations.
Conducting audits also builds trust between the charity and its donors, encouraging further donations.
Finally, it helps to ensure that the charity is accountable to its respective stakeholders.
The Charity Commission for England and Wales is a non-ministerial governing body that vets and regulates registered charities and maintains the Central Register of Charities. This body requires an annual report on income and spending.
Expertise in Auditing and Accounting
Bryden Johnson is a firm that provides auditing and accounting services to charities for their annual reports. These processes are complex, but the company helps ensure that donations are properly used and that financial reports are always accurate.
Compliance with Regulations
With years of experience in this field, Bryden Johnson is well-equipped to help charitable organisations comply with the necessary regulations.
They can handle all charity auditing needs with their transparent meetings, fixed prices, and clear timeframe for every given task. To continue making a difference in their community, they work quickly to provide their findings to their charity clients.
Being dependable and professional in auditing and accounting for charities, Bryden Johnson aims to help these organisations stay compliant with the necessary regulations while still able to properly allocate donations and operate effectively.
About Bryden Johnson
Bryden Johnson is a company with a genuine affinity for their clients, which has led to them being trusted advisers for the businesses they represent.
Bryden Johnson has been in operation for over 120 years, and their experience and history have shaped their success while also providing a platform for developing creative solutions across the business and accounting sectors.
Know more about their services at https://bryden-johnson.co.uk/