What is Grant Audit & Assurance?
Organisations receiving or distributing grant funding face increasing scrutiny from funders, regulators, and stakeholders. At Menzies, we provide a comprehensive range of audit and assurance services to help you meet grant conditions, demonstrate impact, and strengthen internal controls.
Whether you’re preparing for a funder audit, verifying deliverables, or reviewing internal policies, our team offers practical, collaborative support tailored to your needs.
As part of HLB International, we also support cross-border grant projects with global expertise and local insight.
Our Service Approach
We take a partner-led, solutions-focused approach to grant audit & assurance. Our team works closely with clients to understand the specific requirements of each grant agreement and deliver tailored support that adds value beyond compliance.
We aim to:
- Simplify complex reporting requirements
- Strengthen internal systems and controls
- Provide clear, actionable insights
- Build confidence with funders and stakeholders
Our services are designed to meet the expectations of a wide range of funders. Our team brings experience working with grant conditions and reporting requirements from funders such as:
- UK Research & Innovation (UKRI)
- European Commission (e.g. Horizon Europe, Erasmus+)
- Department for Energy Security and Net Zero (DESNZ)
- Department for Environment, Food & Rural Affairs (DEFRA)
- Ministry of Housing, Communities & Local Government (MHCLG)
- Homes England
- Greater London Authority (GLA)
- Norad – Norwegian Agency for Development Cooperation
- Sida – Swedish International Development Cooperation Agency
- IKI – International Climate Initiative
- Blue Action Fund
This list is illustrative and not exhaustive, we tailor our approach to meet the specific requirements of each funder and welcome enquiries relating to other grant-making bodies.
Our services are designed to be flexible and scalable, whether you’re managing a single grant or a portfolio of international funding streams, and are tailored to meet the specific expectations of each funder, including UK public bodies, EU institutions, and international donors.
Our Grant Audit Services
We offer a flexible suite of services designed to support both grant recipients and funders. These can be tailored to specific grant conditions, reporting requirements, and organisational needs.
Audit & Assurance
- Grant Audits under ISA 800/805 for special purpose financial statements
- ISAE 3000 Assurance Reports for non-financial information
- Agreed-Upon Procedures (AUP) tailored to funder specifications
- Funder-Side Audits to verify grant spend and compliance by recipients
Advisory & Capacity Building
- Compliance Advisory to help organisations meet grant conditions and strengthen internal controls
- Grant Management Training for finance and programme teams preparing for audits or managing complex grants
- Policy & Procedure Reviews to assess alignment with grant terms and identify gaps
Due Diligence & Verification
- Due Diligence for Grant Makers to assess potential grantees’ systems, governance, and financial controls
- Verification of Deliverables & Impact to independently validate outputs, milestones, and reported outcomes