Audit of non-profit organisations in Ukraine: annual statements, grant projects, capacity<\/h1>\n
Independent audit of Ukrainian NGOs, charitable foundations and associations: annual financial statement audits, grant project and grant fund audits, verification of the use of grants, and preparation for a donor capacity assessment. Reports in English and Ukrainian, in the format your donor, board or charter requires.<\/p>\n
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- Annual financial statement audit of the NGO under ISA 700 with an auditor’s report<\/li>\n
- Grant project and grant fund audits under ISA 805, ISRS 4400 or in the donor’s template<\/li>\n
- Verification of the targeted use of grants and charitable contributions<\/li>\n
- Reconciliation of the non-profit income report to the ledger and the financial statements<\/li>\n
- Management letter with findings and recommendations<\/li>\n<\/ul>\n<\/div>\nTimeline<\/span>2-4 weeks<\/strong><\/div>\nFee<\/span>individual proposal<\/strong><\/div>\n<\/div><\/div>\n<\/section>\n
\n \nTypes of NGO audit<\/div>\nWhich audit your organisation needs<\/h2>\n<\/div>\n
\n\nAnnual statements<\/div>\nFinancial statement audit of an NGO<\/b><\/p>\n
Review of the year’s balance sheet and statement of financial results, targeted financing, assets and payroll. What the auditor checks: annual NGO audit<\/a>.<\/p>\n<\/div>\n
\nBy law, donor or charter<\/div>\nMandatory audit of NGOs and foundations<\/b><\/p>\n
When an audit is required by law and when by a donor or the charter: mandatory NGO and charity audit<\/a>.<\/p>\n<\/div>\n
\nGrant projects<\/div>\nGrant project and grant fund audits<\/b><\/p>\n
Audit of grant funds against the budget and the donor agreement, report in the EU, GIZ, UN agency or foundation template: grant audit for donors<\/a>.<\/p>\n<\/div>\n
\nUse of funds<\/div>\nVerification of grant use<\/b><\/p>\n
Audit of the targeted use of grants, charitable appeals and founder funds when the review is commissioned by a donor, a board or a partner: project and earmarked funding audit<\/a>.<\/p>\n<\/div>\n
\nBefore a grant<\/div>\nCapacity assessment and due diligence<\/b><\/p>\n
We prepare the organisation for the donor’s review: policies, accounting, procurement, internal control: donor capacity assessment<\/a>.<\/p>\n<\/div>\n
\nReporting and status<\/div>\nNon-profit income report, non-profit status<\/b><\/p>\n
We reconcile the NGO tax report to the financial statements and check the risks to non-profit status: non-profit income report<\/a>, non-profit status<\/a>.<\/p>\n<\/div>\n<\/div>\n
\n\nHow we work<\/div>\nFour steps with no surprises at the end<\/h2>\n<\/div>\n
\n01<\/b>Request and proposal within 1 day<\/strong><\/p>\nWe review the charter, grant agreements and the requirements of the donor or the board, then send a proposal and a plan.<\/p>\n<\/div>\n
02<\/b>Engagement letter and document checklist<\/strong><\/p>\nA document list for each area: accounting, grants, procurement, staff, assets. Secure file exchange, remote work across Ukraine.<\/p>\n<\/div>\n
03<\/b>Fieldwork<\/strong><\/p>\nQuestions are raised as we go, not at the end, so you have time to locate documents and fix the books before the report.<\/p>\n<\/div>\n
04<\/b>Report and support<\/strong><\/p>\nAuditor’s report in English and Ukrainian, a management letter and answers to donor queries after submission.<\/p>\n<\/div>\n<\/div><\/div>\n<\/section>\n
\n \nKnowledge base<\/div>\nWhat to read before an NGO audit<\/h2>\n<\/div>\n
\nGrants and donor projects<\/b><\/p>\n- \n
- How to prepare for a grant audit: checklist<\/a><\/li>\n
- Procurement in a grant project<\/a><\/li>\n
- Staff costs and timesheets<\/a><\/li>\n
- Final audit at grant closure<\/a><\/li>\n
- Consortium and sub-grant audits<\/a><\/li>\n<\/ul>\n<\/div>\n
Donors and standards<\/b><\/p>\n- \n
- EU grant audit<\/a><\/li>\n
- GIZ project audit<\/a><\/li>\n
- UN project audits under HACT<\/a><\/li>\n
- Embassy and private foundation grants<\/a><\/li>\n
- ISA 800, ISA 805, ISAE 3000 and ISRS 4400<\/a><\/li>\n<\/ul>\n<\/div>\n
NGO accounting and reporting<\/b><\/p>\n- \n
- Project-based grant accounting<\/a><\/li>\n
- Humanitarian aid accounting<\/a><\/li>\n
- NGO accounting through the year<\/a><\/li>\n
- NGO annual report for donors<\/a><\/li>\n
- Common donor reporting mistakes<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/section>\n
\n \n\n\n\nFAQ<\/div>\nWhat we are asked most often<\/h2>\n<\/div>\n
\n\nIs an audit mandatory for a Ukrainian NGO or charitable foundation?<\/summary>\n
By law a mandatory audit applies only to certain categories. In practice NGO audits are most often required by donors, the charter or the board, and by the terms of grant agreements. We review your documents and tell you which format you actually need.<\/p>\n<\/details>\n
\nHow does an annual NGO audit differ from a grant project audit?<\/summary>\n
An annual audit covers the whole organisation and ends with an opinion on the financial statements. A grant project audit covers the expenditure of one grant against its budget and donor agreement, under ISA 805, ISRS 4400 or the donor’s template.<\/p>\n<\/details>\n
\nHow long does an NGO audit take?<\/summary>\n
Usually two to four weeks after the complete document package is received. For an organisation running several grants at once we agree the timeline after reviewing the scope.<\/p>\n<\/details>\n
\nDo you work with organisations outside Kyiv?<\/summary>\n
Yes. The review is carried out remotely through secure file exchange anywhere in Ukraine; site visits only where the donor explicitly requires them.<\/p>\n<\/details>\n<\/div>\n<\/div>\n
\nGet a proposal<\/h3>\n
Describe the organisation, its donors and deadlines. We reply within 1 business day.<\/p>\n\n
\n<\/p>
- <\/ul><\/div>\n
- Humanitarian aid accounting<\/a><\/li>\n
- GIZ project audit<\/a><\/li>\n
- Procurement in a grant project<\/a><\/li>\n
- How to prepare for a grant audit: checklist<\/a><\/li>\n