Audit & Financial Reporting (SORP)
We're one of the top 30 auditors in the UK
Creating value that makes a real difference to a client's business - year after year - is intrinsic to our audit approach. The service we deliver matches strict compliance requirements without interfering with clients' need to run a successful charity. This means minimising any disruption caused by the audit process, and maximising the potential to bring you meaningful insights on activities and financial controls within the organisation.
We submit ourselves to regular third party reviews as well as regulatory visits by the Quality Assurance Directorate (QAD). A tightly controlled system of audit licensing within our firm means that your audit will be performed by fully qualified and appropriately experienced audit specialists.
Our audit service is individually tailored to our clients, and we adopt a risk based approach. This allows us to concentrate on key issues to make the audit as efficient as possible. We have invested in some of the most advanced audit software available, which provides an audit-integrated tool for producing financial statements for charities and for undertaking data analytics.
Not all charities and not for profit organisations require an audit. If you are below the threshold, we can assist you be completing an Independent Examiners' report.
We're currently ranked number 42 of the top 100 companies to work for in the UK. Sunday Times Top 100 Companies to Work For 2017
The annual accounts that Bishop Fleming have produced have been of the highest standard and they have excellent technical knowledge of the SORP. Hospicare, Exeter
The audit of the Harbour has been performed by Bishop Fleming for a number of years. They have demonstrated good understanding of the financial issues facing charities, technical and operational. The audit planning process is undertaken thoroughly; as a result, all parties go to the audit with a good understanding of the expectations and requirements of the others. The Harbour Centre Plymouth Limited
One of the largest charity SORP teams in the country with 7 charity partners supported by over 50 specialist staff, of which 13 hold the ICAEW Diploma in Charity Accounting (DChA). Each member of the team spends 25 - 50% of their time working with charity and not for profit clients and the remainder on commerical business organisations. This ensures that they provide advice that is technically excellent and commercially astute.
Posted by Peter Barretto on June 7, 2017
Over the past few years charities have been subject to more scrutiny than ever, with increasing news coverage and scandals having a significant impact on public confidence in the charity sector. As part of its ‘Audit […]
Posted by Andy Wood on May 13, 2016
The Charity Commission has published an invitation to comment on the future of the Statement of Recommended Practice (SORP). The consultation document sets out 5 distinct areas where views are sought on how the SORP can be […]