C1Part 2Regulation of Social Housing

Annotations:
Modifications etc. (not altering text)

Chapter 4Registered providers

Accounts

I1137Charity: auditor's report

1

An auditor appointed for the purposes of section 136(2) or 139(2) in respect of a charity's accounts shall make a report to the charity in accordance with this section.

2

The report must state—

a

whether the revenue account gives a true and fair view of the charity's income and expenditure, so far as relating to its housing activities, and

b

whether the balance sheet gives a true and fair view of the state of affairs of the charity as at the end of the period to which the accounts relate.

3

The report must give the name of the auditor and be signed.

4

The auditor shall, in preparing the report, carry out such investigations as are necessary to form an opinion as to—

a

whether the charity has complied with section 135(2) during the period to which the accounts relate, and

b

whether the accounts are in accordance with accounting records kept under section 135(2)(a).

5

If the auditor thinks that the charity has not complied section 135(2) or that the accounts are not in accordance with its accounting records, that must be stated in the report.

6

If the auditor fails to obtain all the information and explanations which the auditor thinks necessary for the purposes of the audit, that must be stated in the report.