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Charity Audit and Independent Examination Services at Jack Ross Chartered Accountants
Introduction: Why Choose Our Audit and Assurance Services?
In the charity sector, financial integrity isn’t just a legal requirement—it’s a moral imperative. At Jack Ross Chartered Accountants, we understand the unique challenges and responsibilities of managing a charity. That’s why we offer comprehensive charity audit and independent examination services to ensure your organisation meets all regulatory requirements and operates with complete transparency.
Our Specialised Services: Audit and Independent Examination
The terms “audit” and “independent examination” are often used interchangeably, but they’re not the same. Audits are exhaustive reviews of your charity’s financial statements by our qualified external auditors. Independent examinations are a more straightforward form of scrutiny by our independent examiners.
When Do You Require an Audit?
Per the Charities Act 2011, your charity may be obligated to undergo an audit depending on its gross income and asset nature. We keep ourselves updated with the latest guidelines from the Charity Commission of England and Wales to ensure you’re always in compliance.
The Jack Ross Team has been an absolute delight. Professional, nice and fast during the Audit procedure. Thank you Jack Ross Team.
Very good service from the Jack Ross Team. They gave us good advice and completed a very efficient audit. They have a friendly and competent team. I would surely recommend them.
Brilliant service from the Jack Ross team in setting up several companies in very quick time, along with providing associated accountancy advice. Can recommend wholeheartedly as a leading accountancy practice with a can-do attitude.
First class service for many years from a first class team. Highly recommended. Prompt, commercially aware, personable.
Been using Jack Ross for a number of years. Good clear advice and nice people to do business with.
Jack Ross is based in Manchester and provides tax planning and Xero accounts. They are a long-standing and well-regarded firm with an excellent reputation. They provide their clients with exceptional service and a wealth of advice. I have no hesitation in using their professional services.
Jack Ross has been my accountants since I set up my business in 2016. From the outset I was helped with advice, support and encouragement. I cannot commend them highly enough. Always on hand to answer any question and responsive to any changes in the economy which might concern their clients. I don’t have to worry about the financial side of my business as all of that is taken care of and dealt with by Umar and the brilliant team. If you are looking for a top class accountancy firm which maintains the personal touch they are for you!
I would recommend this account, knowledgable and helpful
I can confidently recommend Jack Ross Accountants. They are continually improving their service, greatly benefiting our company as well as me personally. The team at Jack Ross have helped suggest and set up innovative accounting software, adding training and support. This alone has been a massive step towards having more control and understanding of our company finances.
We have enjoyed a solid and constructive relationship with JackRoss and Can highly recommend them for accountancy services.
We have been working with Jack Ross for over two years and the service has been fantastic. They have a great and knowledgable team who have taken good care of us and our accounts.
Meeting to review annual accounts and discuss future plans. Very productive as they definitely talk my language - on reflection probably the best such meeting in recent years. Many thanks Umar and Jamie
Jack Ross has serviced my Personal Tax requirements for the last 5 years. During some complicated challenges their advice was excellent and the customer service second to none and left me with no doubt all was in hand.
Following a recommendation, I have used Jack Ross for all my accounting needs (including payroll) since the inception of my business over 12 years ago. The relationship has been completely hassle free and I greatly value their service, which goes well beyond preparation of accounts. Their tax planning advice has been really helpful and I have always felt that they have ‘got my back’. Can’t recommend them enough.
We have finally found the Accountancy firm that we have been looking for! We switched over to Jack Ross towards the end of last year and from the very first contact to the recent submission of our end of year accounts the service provided has been fantastic and has easily exceeded our expectations. Thank you!
Excellent service; very helpful people and work done much quicker than I expected.
I have used Jack Ross as my accountants for a number of years. Their service is professional and accurate. They deal with queries promptly and I can always get hold of the person I need to speak to. Their digital product has made a big difference to the efficiency of my business. I would not hesitate to recommend them.
Jack Ross have been my family and business accountants and financial advisors for over 50 years. The delivery of services is second to none and i would recommend them to anyone. We have also built up great friendships over the years, above and beyond that of a normal business relationship which i value greatly.
We have been looked after by jack Ross for a number of years. They have given us fantastic tax advise and helped our company grow from strength to strength. A & f
Excellent advice and an understandable explanation of a very complex area of tax and corporate law which other (so called) advisors managed to totally confuse me. Thank you.
I have had a relationship with Jack Ross for several years and continue to be impressed by the proactive support and diligent advice received across the breadth of the firm. Excellent at signposting.
Jack Ross have acted for our law company for over 5 years and have been professional, prompt, and knowledgable in all aspects of our dealing with them.
Independent Examinations: Tailored for Small Charities
An independent examination might be more appropriate for your needs if you run a smaller charity with lower income levels. Our services in this area are designed to be cost-effective, making them particularly beneficial for smaller organisations.
Common Questions We Answer About Audit Exemptions
Do you need clarification about audit exemptions? We can clarify. Some charities may be exempt from an audit under the Companies Act 2006 and Charities Act 2011, depending on their gross income and other criteria. We’re here to guide you through this complex landscape.
How We Select Auditors and Independent Examiners for You
We take the selection of auditors and independent examiners seriously. Our experts are well-versed in charity accounting standards, including the Charities SORP (Statement of Recommended Practice). Rest assured, we involve your board of trustees in the selection process to ensure the best fit for your charity’s unique needs.
What to Expect from Our Audit Process?
Our thorough audit process involves everything from initial planning and meticulous fieldwork to the final reporting stage. We scrutinise your accounting records, verify your assets, and test your internal controls. Our assurance services aim to give you complete confidence in your charity’s financial activities.
Components of Our Effective Audit Work
An effective audit with us will:
- Evaluate the effectiveness of your charity’s internal controls.
- Confirm the accuracy of your accounting records.
- Assess compliance with all legal requirements, including the Charities Act and charity law.
Preparing for an Audit or Independent Examination with Us
We believe in preparation. Before we begin the audit or independent examination, we’ll guide you to gather all necessary accounting records, such as receipts and payments, and ensure your annual report is in order. We even offer consultancy services to help your trustees understand what to expect and how to prepare.
Conclusion: The Benefits of Our Audit and Independent Examination Services
Whether you require a full or independent audit, our services offer invaluable external scrutiny for your charity. Not only do we ensure you meet all legal requirements, but we also provide a level of assurance that can enhance your organisation’s reputation. At Jack Ross Chartered Accountants, we aim to help you operate with the highest financial integrity, making informed decisions to improve your charitable activities.
A charity audit and independent examination is the process whereby an external professional with appropriate auditing qualifications (such as a chartered accountant, auditor or specialist charity auditor) provides an opinion on the accuracy of the financial information held by a registered charity in its annual accounts. The purpose of an audit and an independent examination is to protect the interests of members, beneficiaries and other stakeholders in the financial well-being of a charity by ensuring that the charity’s accounts are accurate and presented by applicable accounting standards.
Charities with over £1 million income must have their accounts audited under the Charities Act 2006. Charities with incomes between £25,000 and £500,000 may choose to either get their accounts independently examined or they may choose to have them audited unless they qualify for one of the exemptions set out in the guidance issued by the Charity Commission. Charities with incomes below £25,000 must produce annual accounts but do not need to get them independently examined or audited.
Depending on which type of assurance service you require (an audit or an independent examination), your auditor will generally ensure that your charitable company has complied with accounting regulations when preparing its annual accounts. They will also look at internal controls impacting your financial reporting processes. Your auditor may also provide advice regarding potential improvements and recommendations.
Providing an
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Explore the success stories of audit clients we’ve helped achieve great things.
The Jack Ross Team has been an absolute delight. Professional, nice and fast during the Audit procedure. Thank you Jack Ross Team. Engaging with the Jack Ross Team for our audit was one of the best decisions we've made this fiscal year. I was particularly impressed with their swift and streamlined audit process. Unlike other firms that drag on for weeks, Jack Ross was able to conclude our audit in record time without cutting corners.
Their professionalism is unparalleled; from initial consultation to final report, every interaction was marked by courtesy, respect, and a deep understanding of our unique business needs.
But what surprised me most was their warmth and friendliness; they made a typically stressful process feel almost enjoyable. It's refreshing to work with a team that combines speed and efficiency with such high levels of customer service.
If you're looking for an audit service that respects your time without compromising on quality, then look no further than Jack Ross Audit.
Their professionalism is unparalleled; from initial consultation to final report, every interaction was marked by courtesy, respect, and a deep understanding of our unique business needs.
But what surprised me most was their warmth and friendliness; they made a typically stressful process feel almost enjoyable. It's refreshing to work with a team that combines speed and efficiency with such high levels of customer service.
If you're looking for an audit service that respects your time without compromising on quality, then look no further than Jack Ross Audit.
Sofia Carlini
Financial Controller
Excellent service from the Jack Ross Audit Team. They gave us good advice and completed a very efficient audit. They have a friendly and competent team. I would surely recommend them.
I've always considered auditing a cumbersome process, but my experience with the Jack Ross Audit Team has completely changed my perspective. Their service was impeccable from start to finish. The team not only offered us invaluable advice to streamline our financial systems, but they also executed an extremely efficient audit that was far less intrusive than I've experienced in the past.
What truly sets Jack Ross Audit apart, however, is their team. Each member we interacted with was incredibly competent and genuinely friendly and approachable. They made us feel like a valued client rather than just another case file.
If you're unsure which accounting firm to choose for your audit, I can't recommend Jack Ross Audit highly enough. Their blend of professionalism, efficiency, and genuine care for their clients is rare in the financial world.
I've always considered auditing a cumbersome process, but my experience with the Jack Ross Audit Team has completely changed my perspective. Their service was impeccable from start to finish. The team not only offered us invaluable advice to streamline our financial systems, but they also executed an extremely efficient audit that was far less intrusive than I've experienced in the past.
What truly sets Jack Ross Audit apart, however, is their team. Each member we interacted with was incredibly competent and genuinely friendly and approachable. They made us feel like a valued client rather than just another case file.
If you're unsure which accounting firm to choose for your audit, I can't recommend Jack Ross Audit highly enough. Their blend of professionalism, efficiency, and genuine care for their clients is rare in the financial world.
Katrien Vanassche
Financial Director
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Jack Ross Chartered Accountants, Barnfield House, The Approach, Manchester, M3 7BX
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