Answer / ravi

according to the charity audit act 1993 every charity
company should get audited by the auditour because
charity trusts gets the amount from the public so
by auditing trusts we can know clearly wheather the funds
were utilised properly or not

Answer / guest

charitable company's accounts must be audited by a
registered auditor who is authorised to audit company
accounts. A non-company charity's accounts must normally be
audited by a registered auditor authorised to audit company
accounts or a member of a "recognised body" named in the
Regulations under Part VI, Charities Act 1993 and eligible
under the rules of that body to audit charities. In some
circumstances the Audit Commission is authorised by the
Charity Commission under S9(2)a of the 1995 Regulations to
audit the accounts of a non-company charity connected with
local authorities or the NHS.

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