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Independent Examiner for charity

Does it have to be a real person?

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Quick question for a charity I 'monitor'.

The IER has been signed by a firm. No name of a real person.
Can an IE be a body corporate? What little I've found on the t'interweb seems to suggest not.

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13th Jul 2019 12:10

I agree with you. Direction 2 says ....

"Guidance
2.1 The appointment of the independent examiner is a personal one with a named person appointed as the examiner. It is the examiner who conducts the independent examination and signs their report. For an examiner to be independent they must have no connection with the charity trustees which might inhibit the impartial conduct of the examination. This is
not the same as having no connection with the charity; an examiner can be a member or supporter of the charity and often some involvement brings an added quality of personal enthusiasm and familiarity with the charity which can be advantageous but they should not be a material donor to the charity."

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15th Jul 2019 09:23

Agreed - the IE report needs to be signed in the name of the individual. Many small charity engagements are taken on by individuals/firms who aren't sector specialists and don't read/understand the detail of the rules, and that may be the case here.

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to Mike Bath
15th Jul 2019 16:32

Mike Bath wrote:

Many small charity engagements are taken on by individuals/firms who aren't sector specialists and don't read/understand the detail of the rules, and that may be the case here.

I'm not a sector specialist either.

I just read the Directions. They're written in Plain English.

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to lionofludesch
16th Jul 2019 10:43

If you've read and understood both the directions & the SORP,you're pretty much a specialist: I see many sets of charity accounts where the preparer/reviewer has clearly not done any of that. Worst one I've ever seen was a charity reporting under FRS 105, and where the IE was a Trustee!

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to Mike Bath
16th Jul 2019 17:04

Mike Bath wrote:

If you've read and understood both the directions & the SORP,you're pretty much a specialist...

You're very kind but the directions are basically a work programme checklist and 83.6% of the stuff in the SORP doesn't apply to the charities I deal with.

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15th Jul 2019 09:35

You can always flag it up with the Charity Commission if you're so minded.

Not saying there's some huge fraud going on but it'd be nice to have the IE completed in accordance with the rules.

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to lionofludesch
15th Jul 2019 14:31

I sort of want to. I'm friends with the Trustees, and just think the accounts filed are crap. Not just that. Charitable company, with references to the Charities SORP 2005, FRSSE 2008 and FRSSE 2015 abound, all out of date. Filed with a suspense account within the notes to the account, balances with £1 here and there. Missing disclosures.

They're just.... poor. But if I complain, IF CH or CC do anything it'll be my friends who suffer, not the dodgy accountant.

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to thevaliant
15th Jul 2019 16:30

If they don't do anything, your friends might suffer more.

I'd certainly mention the lack of compliance in the IE report. It might pave the way for a move to a more competent IE.

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By cbp99
to thevaliant
16th Jul 2019 14:09

Seems to me the appropriate response is for the trustees to take it up with the accountant, pointing out the errors and requesting the work be re-done, or fee refunded and new accountant appointed (which would seem to be a necessity in any case).

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to cbp99
16th Jul 2019 17:18

Well, thevaliant may not want to raise it with the trustees.

Anyone has a right to raise issues with the Charity Commission.

But I agree - lots of options.

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By johnt27
16th Jul 2019 15:15

If you do report the accountants for being inept the CC will take action. They can blacklist firms/individuals and sanction them such that they can't then provide the same shoddy service to others.

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