Martin Daniel
Partner
Grants from funding bodies are vital for development and growth. These grants come with regulations and rules that recipients must follow or risk losing future funding or having to repay grant funds. Recipient organisations can help mitigate these risks by working with expert partners with a deep-seated knowledge of donor requirements and best practice to make sure they understand the conditions and requirements of each grant they receive.
UK funding bodies often require a trusted expert to review expenses before claims are submitted. This review is typically documented in a reasonable assurance report, certification of expenditure or independent accountant report. The report can also highlight the potential pitfalls to avoid.
Our team specialises in preparing these reports for grant recipients. We help them meet the requirements of various UK and international funding bodies, including Department for Energy Security and Net Zero (DESNZ), the European Commission, Innovate UK, UK Research and Innovation and the UK Space Agency.
How we help grant recipients
We provide the following key assurance or certification reports for grant recipients.
- Independent Accountant Reports (IAR) and other reasonable assurance reports under ISAE 3000.
- Certificates on Financial Statements (CFS) and other agreed-upon procedures engagements under ISRS 4400.
- Financial management and reporting system reviews; targeted certification and verification procedures and advisory support to enhance control environments.