2.2 You have asked us to assist you in the preparation of the accounts. We will compile the annual accounts for your approval based on the accounting records maintained by you and the information and explanations given to us by you and in accordance with the accounting framework agreed and applicable to you.
2.3 We shall plan our work on the basis that no report on the accounts is required by statute or regulation for the year, unless you inform us in writing to the contrary. In carrying out our engagement we will make enquiries of management and undertake any procedures that we judge appropriate but are under no obligation to perform procedures that may be required for assurance engagements such as audits, independent examinations or reviews.
2.4 You have advised us that the charitable company/charity is exempt from an audit of the accounts and does not require an independent examination. We will not check whether this is the case. However, should our work indicate that the charitable company/charity is not entitled to the exemption, we will inform you of this.
2.5 Our work will not be an audit of the accounts in accordance with International Standards on Auditing (UK). Consequently, our work will not provide any assurance that the accounting records or the accounts are free from material misstatement, whether caused by fraud, other irregularities or error and cannot be relied on to identify weaknesses in internal controls.
2.6 Since we will not carry out an audit, nor confirm in any way the accuracy or reasonableness of the accounting records maintained by the charitable company/charity, we are unable to provide any assurance as to whether the accounts that we prepare from those records present a true and fair view. We will, however, advise you on whether your records are adequate for the preparation of financial statements and recommend improvements.
