Grant acquittal audits
We provide independent grant acquittal audits for organisations receiving government, philanthropic and other funding, tailored to the funding agreement and the funder’s reporting and assurance requirements.
Audit Edge conducts grant acquittal audits and other grant-related assurance engagements where independent assurance is required under a funding agreement or by a funding body.
These engagements may involve examining grant income, expenditure, supporting invoices, payment records and other evidence to assess whether grant funds have been applied in accordance with the relevant funding conditions and reporting requirements.
The scope of work depends on the grant agreement and the type of assurance required by the funding body.
How we help: We review the applicable reporting requirements, clarify the documentation needed and plan the engagement around the funding body’s submission deadline. This helps organisations prepare their acquittal information and address documentation gaps before the engagement is finalised.
What’s included
Funder-specific audit report
Preparation of an independent auditor’s report in the format required by your funder, with an agreed timetable aligned with the acquittal deadline.
Audit findings and recommendations
Clear communication of key findings, including issues identified with eligible expenditure, unspent funds and compliance with funding conditions within the audit’s scope.