Caritas do not to provide audit
services to charities and not-for-profit organisations
that exceed the relevant audit thresholds. This is to avoid
conflicts of interest and to allow Caritas to work closely
with senior management and Trustees as part of a team.
For some of our clients, Caritas acts as a Virtual Finance Director, assisting and performing a monitoring control over the basic accounts
function whilst working with the Chief Executive to provide the higher level financial advice and assistance they require to perform
their role.
Outsourcing can release you from the burden of setting up and maintaining financial systems that fully comply with charities legislation.
At Caritas, we know that your restricted funds need careful monitoring. We know that your overheads need apportioning fairly.
We know that your funders can be very particular about how this is done.
The Charity Act that has just been passed increases the audit threshold to £500,000.
This will result in a substantial increase to the number of charities that require an independent examination by an appropriately
qualified independent examiner. Be ready! Contact Caritas!
