Joint Committee on the Draft Charities Bill Written Evidence


DCH 182 Verity UK

Please reply to:

Catherine Williams, Verity Chair, 3 Bell Close, Knebworth, Herts SG3 6AJ

Email: chair@verity-pcos.org.uk

28th June 2004

  

Francene Graham

Scrutiny Unit - Draft Charities Bill

Room G10, 7 Millbank

London

SW1P 3JA

Dear Ms Graham

Evidence on Draft Charities Bill - Clause 22

Verity has its accounts independently examined. We welcome the extension of independent examination to charities with up to £500,000 income and we agree that it makes sense for examiners of larger charities to have a relevant qualification.

However, we were concerned that even people who have been admitted as Full Members of the Association of Charity Independent Examiners with an unlimited Domain of Competence have not, as yet, been included in the Bill. When our income goes over £250,000 this will force us to turn to a firm of accountants who may not be charity specialists to provide us with an independent examiner (IE). We would prefer to continue with our existing firm of accountants, provided the independent reporting examiner has obtained the MACIE qualification with the maximum Domain. To get this qualification, we know he will have to demonstrate extensive knowledge of the Charities SORP and the duties of IEs.

We do hope the Committee will therefore propose amending clause 22 accordingly.

Yours sincerely



Catherine Williams

Verity Chair


 
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