Update on my business and increase in charity audit threshold

Well, this is my first blog post in some time. I have now been in business for a little over three years and am enjoying the challenge and flexibility that self employments brings. I am fortunate to be able to work with a broad range of charities and social enterprises that perform a wide variety of important work. Recently I have obtained some work with a number of organisations helping them with their systems and procedures including the training of accounts staff. This is work that I enjoy doing and is different from the year end accounts preparation which forms a significant part of my work. If you think I can help your organisation then please drop me an e-mail.

Other news is that the audit threshold for charities is due to be increased, from annual income of £500,000 to £1,000,000 (although the exact rules are not quite as simple as this). The change is due to apply for financial year ends from 31 March 2015 and should to be announced any day. This could lift the regulatory burden for some 4000 charities nationally. This also means that I will be able to perform independent examinations with a larger range of charities. I am looking for more work doing independent examinations of charities and would be happy to discuss this if you are considering changing independent examiners.

This link explains about the increase in audit threshold.