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INDEPENDENT ACCOUNTANTS REPORTS

The term ‘Independent Accountant’s Report’ covers a broad spectrum of work carried out by independent firms of accountants for charitable and commercial organisations both in the public and in the private sector.

It is worth noting that the ‘reporting accountant’ does not necessarily need to be the company’s statutory appointed auditor: there are in fact valid ethical reasons and International Auditing Standard principles as to why an alternative provider is sometimes more suitable in the circumstances.

Eacotts has assisted its clients in providing the required ‘Independent Accountant’ reports to the relevant agencies in England, Scotland and Wales and has completed an assignment for a major online retailer in receipt of Governmemt funds for a new distribution centre in Wales.

As a consequence of receiving funding under the various schemes, companies must normally provide (with each claim and also during a ‘post completion monitoring’ period) one or more reports from an independent accountant.