Are you looking for a little more from your Grant Audit partner?
Grant audits are a highly specialist area. Many grants, such as InnovateUK, FP7, Horizon 2020 and INTERREG need to be certified and reported to funders by an independent Registered Auditor.
Given the complexities of funding arrangements and project management systems, working with specialists is essential. Controls must be in place to ensure that funding monies are used for the purposes intended, that costs are reasonable and appropriate, and that expenditure is compliant with relevant legislation. This need for accountability puts a significant burden on companies to put in place controls, maintain adequate paperwork and produce robust financial reporting.
The completion of a grant audit puts these controls to the test. This can be a challenging time for grant management and finance staff so it’s essential to work with a specialist that is familiar with the funders’ requirements and one that is experienced in establishing efficient audit processes.
Why should I use Elsby and Co for my grant audit?
We have a dedicated charity, not-for-profit and donor funded team, who work day-to-day with organisations like yours that are fully accountable to their funders. We understand the processes and controls that you must have in place to meet donor compliance requirements and the practicalities of organising a grant audit. We deliver an efficient audit and support you to meet your deadlines.
Elsby is an award-winning firm of Chartered Accountants and recognised throughout the region as a leading provider of audit services, covering grant audits, SRA audits and general audit and assurance services.
We have a collaborative approach and take an active interest in the organisations and projects that we work with, sharing best practices to add value through the audit process.
We appreciate you may have plans already in place for the completion of your grant audit, however it never hurts to get a second opinion from those who understand this market. If you would like to hear more, please contact us by email or phone us on 0330 053 9189
Elsby are registered to carry on audit work in the UK & Ireland by the Institute of Chartered Accountants in England & Wales. Elsby and Co is a trading name of Elsby & Co (Sywell) Ltd, registered in England no. 05377378. Director Carl Elsby (ACA).