Course Overview

With the never ending list of controversies within the Charity Sector if you are involved in the Audit of Charities this webinar is not to be missed. This course will look at the risks involved in Charity Audits, documenting and applying systems and internal controls. It will also cover the Audit of Income and Expenditure and a quick run through restricted funds versus unrestricted funds and the application of SORP.

  • Charities audit / audit exempt requirements
  • The Charity regulator & Government agency requirements
  • Application of SORP
  • Audit Execution
    • Internal Controls and Procedures
    • Completeness of Income
    • Verification of Expenses
    • Determining restricted funds versus unrestricted funds
  • Audit Risks – Specific Considerations for Charities

CPD Facilitators

Neill Doran: Practice Support, OmniPro

The newest member of Omnipro’s Practice Support team, Neil brings on board 12 years of accountancy experience, including IFRS and FRS 100-102 financial reporting for small subsidiaries and charities right through to large listed entities in Ireland and the UK.

He is currently analysing the new auditing standards requirements for OmniPro’s online information products, CPD events and the creation of our micro-entity audit work programme for ARC – the Accountant’s Resource Centre.

Garret Wynne: Practice Support, OmniPro

As one of the lead members of our Practice Support team, Garret’s focus is on helping practices achieve on-going best practice compliance, prepare for monitoring visits and deal with disciplinary issues.

A former quality reviewer with Chartered Accountants Ireland, he has worked with all institutes, including CAI, ACCA, CPA, IIPA, ICAS and ICAEW, and solely as an external quality assurance reviewer for an accounting institute under contract with OmniPro.

In his wider role with our Practice Support team, Garret provides technical support to OmniPro clients; contributes to our online information products and toolkits and is a regular speaker at OmniPro live and online CPD events.