Knowing how to prepare for an audit and what to expect is important, this article will explain auditing procedures for charities.
Audit for charities
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Audit
Audit
Audit basics: what is an audit and how do you know you need one?
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.
How to prepare for your first audit
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.
Why you need an audit
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?