If you have applied for funding through a grant such as Innovate UK it is possible that you will need a grant audit on the claims you submit.
Audit requirements are set by the relevant grant funding body and stated in the award letter and associated documentation. The purpose of the audit is to provide assurance to the funding body that the funds have been used in accordance with the terms of the grant.
A grant audit is often required to be carried out by an independent accountant who is also a Registered Auditor. The grant recipient can usually appoint an accountant of their own choice to undertake this work.
Why choose Jacobs Allen for your grant audit:
- We are Registered Auditors.
- We are experienced in dealing with grant audits and the potential issues that may arise.
- We can complete the audit either on site or remotely, to ensure the audit report is produced effectively and efficiently.
If you are looking into getting a grant, our experienced contacts can help you put together an application to maximise your chances of successfully securing funding.