Finance News: Independent body to train examiners of charity accounts

The Association of Charity Independent Examiners has announced its largest ever training programme for people wishing to become independent examiners of charity accounts.

It is offering six courses aimed at those with a voluntary sector background, such as treasurers.

The courses take place in the summer and autumn in the North of England and Wales. They have highly subsidised bursary places, funded by the Lloyds TSB Foundation, reducing the cost to £40.

A seventh course is running in London in September aimed at accountants.

There is expected to be an increased demand for independent examiners in the coming year, because the forthcoming Charities Bill will include a provision to raise the audit threshold for charities from £250,000 to £500,000.

For those affected, there will be no requirement to have their accounts professionally audited. But they will have to be independently examined by someone outside the charity.

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