Auditor “whistleblowing” under scrutiny
During 2017 the Charity Commission issued updated guidance concerning the “whistleblowing” responsibilities of auditors and independent examiners. Recent reports from the Commission suggest that there are concerns over the absence of reporting by auditors under the new guidance. The new rule of thumb appears to be “if in doubt, report it.”
The responsibility of trustees to report on Serious Incidents is closely linked to this and, whilst we are not one of the firms identified in the Commission’s findings, we are keen to ensure that our clients fully understand both their and our responsibilities. If you have any concerns or questions, please get in touch with your usual contact.
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If you would like to discuss the above blog in more detail, or you would like to speak with a member of our team, please contact Tracey Johnson or call 01772 821021 to be put in touch with a member of our Charity and Not for Profit team.