A revised draft of the Audit of Charities in the UK paper, devised to incorporate changes in Northern Irish legislation, has been released for consultation by the Audit Practices Board (APB).

Practise Note 11, as the document is otherwise known, is a reference for charity auditors across the UK used in conjuction with International Standards on Auditing (ISAs).

Richard Fleck, chairman of the APB and a director of the Financial Reporting Council (FRC) which oversees the board, said:

“This Practice Note, which was last issued in December 2008, has been updated, primarily, to reflect the introduction of the clarified ISAs (UK and Ireland) that become effective for periods ending on or after 15 December 2010 and recently enacted Northern Irish legislation. We welcome comments on these changes and any other aspects of the guidance from practitioners and other interested stakeholders.”

Prepared with assistance from the Charity Commission, the Office of the Scottish Charity Regulator and the Charity Commission for Northern Ireland, the revised draft will be open to consultation until 21 January 2011.

Not included in the revised draft are future changes anticipated by the FRC to include the consolidation of charity legislation in England and Wales in a new Charities Act and changes to the regulation of charities in Northern Ireland.