All Charities are now obliged to have its annual financial statements audited by an External Independent Statutory Auditor. The applicaiton of SORP Financial Reporting is becomeing standard across the sector and will, in time, become mandatory for medium and large charities.
WDA’s Charity team has the expertise and resources to complete your statutory audit in a timely and efficient manner in order. Our team is lead by partners that have over 25 years experience in delivering quality services to the Charity Sector. We have current statutory audit clients that are funded in part or fully by Pobal, TUSLA, The HSE, CDYSB, The Arts Council, The ETB, CIB, Bord Failte, The Department of Housing, Local Government and Heritage and many more. We have experience in providing funder reports and assurances as required, including CE Scheme Audits. We can advise on additional requirements including Governance Code compliance and best practice.
The primary objective of the external audit is to provide an independent opinion on your Charity’s financial statements. WDA have a tailored, risk based auditing approach that will provide you with an efficient audit that’s within your regulatory needs and timeframe for AGM and other reporting deadlines.
With the level of legislation and regulation both current and future, governing the Sector, it is vital for the Board to have a strong professional firm such as WDA acting as their Auditors. The five yearly auditor rotation system will ensure the Charity obtains new independent advices and views to assist them is complying with their obligations.