If you receive a government grant it is more than likely that on a periodic basis you must produce a beneficiary’s report detailing money expended.
More often than not this spending needs to be verified by an independent external auditor who is required to prepare a report verifying that the expenditure is in accordance with the grant conditions.
Grant Reporting is a specialised area within the auditing profession and one that requires technical expertise and full understanding of the grant conditions.
Our specialist staff have had over fifteen years’ experience performing grant audits for companies ranging from multi-national PLCs to SMEs and local councils.
We perform all our grant audits in a timely and cost efficient manner to ensure that you stay on top of your responsibilities and help ensure your funding continues to be made available.
We are registered to carry out audit work by the Institute of Chartered Accountants in England and Wales (ICAEW). Whether you require a statutory or voluntary audit, we apply the highest standards of audit methodology to ensure integrity, compliance and clarity.
Audit requirements can be daunting, but we make them manageable. From initial planning through to the final report, our team handles each stage with transparency and precision. We keep you fully informed and ensure your audit process is smooth, efficient and disruption-free.
We provide a full suite of audit services, including statutory and voluntary audits, grant audits, limited assurance reports, FCA-regulated audits, charity audits and solicitor accounts rule reports. Whether you're a regulated business, charity or growing SME, we tailor our approach to suit your sector and compliance needs.
An audit is more than a statutory requirement; it’s an opportunity to strengthen your business. We identify inefficiencies, highlight risk areas and offer practical advice to improve your systems, processes and financial performance, giving you the confidence to make informed decisions.
Even if your business falls below the statutory audit threshold, you may still need independent verification of your financial statements. We provide clear and credible assurance reports for banks, investors, grant providers and other stakeholders, helping to reinforce trust in your financial reporting.
At Gilberts Chartered Accountants & Business Advisers, you benefit from a partner-led audit approach that prioritises quality, accuracy and personal service. Your audit will always be overseen by an experienced partner who understands your business and is committed to delivering value and insight at every step.
To enquire about the business and accounting services that we offer in St Albans, Hertfordshire, and surrounding regions, contact our office today.
