What we do
We help charities meet their reporting requirements by undertaking project or grant audits when donors require them.
We are a USAID accredited firm of auditors. This means we are qualified to undertake USAID grant audits anywhere outside the USA. We are one of a very limited number of firms in the UK granted ‘Regular Status’ by USAID.
We have a dedicated team of auditors trained in delivering audits for US federal funders including USAID and US Department of State. As well as audit services we provide:
- Training on donor compliance (USAID and US Department of State)
- Agreed-Upon-Procedures engagements in accordance with 2 CFR 200.425
- Review of Negotiated Indirect Cost Rate Agreement (NICRA) methodologies
- Review of systems and processes for compliance
We also perform project audits for UK charities receiving funds from the UK government (including DCMS, BEIS, DfE) and UK and international charities receiving funds from international donors including the EU, FCDO, SIDA, NORAD, Danida, Danish MFA, Dutch MFA, Norwegian MFA and others.
Why we do it
Government funding represents a significant proportion of income for many charities. It is critical that these charities have robust processes in place for donor accountability. This means they can demonstrate how they can deliver what they have promised. As a result they are more likely to secure future funding.
In all our grant and project audits we help our clients fulfil their donor accountability requirements and to learn from each audit to improve processes for the future.
What our clients say
I worked with SV on a USAID funded global health programme over 3 years. Their audit covered 10-15 partners a year, as well as our core programme, and they separately audited one major partner as well. Apart from understanding USAID compliance and auditing regulations very well, what was most valuable was their consistency of approach (and staff), their flexibility to accommodate our shifting deadlines, and their enthusiasm and patience, which was particularly appreciated in the close out phase of the programme.