An independent examination is a review of your organisation’s accounts by someone who is not involved in your day-to-day finances. It checks that your figures are accurate, your records are in order, and there’s nothing unusual that needs explanation.
Many charities and community organisations are legally required to have their accounts independently examined, depending on their income and structure. It’s also a valuable way to demonstrate transparency and good financial management.
An independent examination is simpler, quicker, and more cost-effective than a full audit. It provides assurance that your accounts are in order without the more detailed testing required in an audit - making it ideal for smaller organisations.
The timeframe depends on how organised your records are and the size of your organisation. With everything prepared in advance, the examination can usually be completed more quickly and with minimal disruption.
As a trusted local organisation, we understand the needs of charities and community groups in the Scottish Borders. We provide a reliable, supportive service to help you meet your legal requirements and give confidence in your accounts.
Getting started is simple - complete an independent examination request form and we'll be in touch. Alternatively, you can email us at info@borderscommunityaction.org.uk or call 0300 124 7522.
