[BCMA] audited accounts

[Moderated BCMA subscriber listserv.]

We will be applying for capital funding through Cultural Spaces and will
need to submit audited accounts as it will be for over $50,000.   Would any
of you that have applied to this or a similar program be able to clarify the
definition of "audited accounts" please?

 

I understand that it would require more than a review engagement but does
the audit have to be carried out by a chartered accountant and do they need
to see invoices etc or just our bank statements and cheque stubs?  I use the
Simply Accounting software program so can submit that to the accountant.

 

We need to estimate the cost too so that we can include it in our 2010
budget. 

 

Thanks.

 

Rosaleen Boardman

Museum Manager

Hudson's Hope Museum

9510 Beattie Drive

Box 98

Hudson's Hope

BC V0C 1V0

Phone (250) 783 5735

Fax (250) 783 5770

e mail hhmuseum at pris.ca

 

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