As a charity, what do you look for from your accountant?

As a firm that has enjoyed many years of working with charities, Burgis & Bullock understands what trustees look for from their accountant.

First, you need professional advice from experienced accountants who have specific expertise in charities, both from an accounting and strategic point of view. You need advice and help which makes a positive difference to your fund-raising.

Secondly, you need advisers who can “keep you out of trouble” by ensuring that you comply with all the relevant laws and regulations.

To provide such effective service, our partners and staff devote time, commitment and expertise in understanding your charity and the issues which it faces.

As charities operate in an increasingly complex environment, the roles and responsibilities of trustees have become ever more onerous. The burden of complying with legislation and regulations is much greater than in the past, and this ultimately affects the trustees.

Burgis & Bullock’s role, therefore, is to:

  • advise trustees on issues, especially those arising from audit, and how they can be addressed
  • share their views on risks and how they can be mitigated
  • act as a sounding board for trustees and executive management.

Charity Audits

As registered auditors, Burgis & Bullock has the relevant expertise to undertake audits of charities and other Not-For-Profit organisations to ensure they comply with Charities Commission rules. The audit approach focuses on those areas of greatest risk to the charity, assessing the quality of the controls the charity has over its key systems, and concentrating detailed testing on areas where controls appear to be weak.

Corporate Governance

Increasingly, charities need to ensure their governance is beyond reproach and appropriate for their size and nature. That’s why charities’ governance procedures come under review, including:

  • The committee structure and terms of reference – procedures for identifying and managing conflicts of interest and related party transactions
  • Procedures for recruiting and training trustees, and ensuring the board has the appropriate range of skills
  • Procedures for assessing the effectiveness of the board
  • The relationship between the trustees and the chief executive.

Charities’ Statutory Accounts

We can prepare and file statutory accounts for charities and Not-For-Profit organisations, ensuring they comply with all the relevant and ever-increasing legislation.

Tax advice for charities, including Gift Aid

Our specialist charities tax team advises charities on how to maximise the benefit of the tax breaks available to charities and how to avoid the pitfalls.

If you have any questions please feel free to contact Wende Hubbard, Andrew Chadaway or Ellen Main-Jeffrey.

 

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