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Harper: auditors must help charities manage risk

Charity auditors are well placed to help not-for-profit organisations manage the myriad risks they face, not just financially but also around governance, safeguarding and regulation, argues Steve Harper, charities director at Haysmacintyre

Charity law requires charities with a gross income of more than £25,000 to have their accounts examined and reported on by someone external, and those with an income of more than £1m must be audited (£500,000 in Scotland). As with a business, the process invites outside scrutiny and a charity auditor must give an opinion on the accounts.

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