Serious incident reporting for charities
Reporting a modified audit or independent examination opinion as a serious incident to the relevant UK charity regulator.
The UK charity regulators’ revised guidance on matters of material significance includes as a reportable matter the issuing of a modified audit opinion or qualified independent examiners report. This requirement has been in place from the introduction of the revised matters, from 1 May 2017.
This requirement is the eighth of the nine reportable matters. The text states as follows.