Introduction: Managing charity accounts can be a daunting task, especially when ensuring compliance with the Office of the Scottish Charity Regulator (OSCR) standards. At the Charity Finance Office, we understand the unique challenges charities face in maintaining transparent, accurate, and compliant
Understanding Independent Examination and Audit Requirements for Scottish Charities
For charities operating in Scotland, the regulatory requirements for financial scrutiny are critical to ensuring transparency and maintaining public trust. Depending on a charity’s income and structure, different levels of external scrutiny—namely independent examination or audit—may be required. This article