Kevin Lally

Overview:

Kevin is a not for profit specialist with extensive experience of the legal, accounting and tax issues which affect the sector. He is the external auditor of a number of national charities and he provides assurance and advisory services to a range of not for profit clients, including charities, housing associations, students’ unions and higher education bodies. He also currently acts as special advisor to a major international charity.

Expertise:

• Financial Reporting under the Companies Act and the Charities Act
• External Audit and Independent Examinations of not-for-profit organisations
• Internal Audit and system reviews
• VAT and direct tax as they affect the not-for-profit sector
• Charity governance and compliance with charity law
• Charity reorganisations and legal structures

Recent work:

• Provided a fully outsourced internal audit service to a University of London College
• Acted as technical advisor in the development of financial and accounting standards for an international charity operating in over 125 countries
• Assisted a growing housing association to develop its long-term financial forecasting
• Assisted a charity to revise its partial exemption methodology to maximise VAT recovery
• Provided technical support during the merger of three charities

Accreditations:

• Chartered Accountant (FCA)
• Diploma in Charity Accounting (DChA)

Personal interests:

Kevin enjoys music and sport, and is a life-long supporter of Tottenham Hotspur. He also has a keen interest in history and has recently completed a master’s degree in social history at the Open University.