Knowing how to prepare for an audit and what to expect is important, this article will explain auditing procedures for charities.
Audits tend to be confusing and shadowed by a layer of jargon that can make business owners doubt their usefulness. Here’s what you need to know.
Whether you’ve hit the threshold for the first time or have opted for a voluntary audit, there are a few things to be aware of – and some common mistakes we see among first-time audit clients.
Businesses and charities over a certain size are legally required to have an audit. But what exactly is an audit and why do you need one?