Grant Audits
Henderson Loggie have clients across the UK who receive over £62 million in grant funding each year.
With a team of grant audit specialists across our offices in Aberdeen, Dundee, Edinburgh and Glasgow, we help companies of all sizes.
£62,416,655
Grant funding received by clients in 2023
176
Grants certified in 2023
£67,465,155
Grant costs verified in 2023
Why choose Henderson Loggie as your Grant Audit partner?
Here at Henderson Loggie, our Grant Audit and Management team comprises highly skilled auditors with extensive experience in grant audits across various industries and sectors. We possess in-depth knowledge of the regulatory landscape and understand the unique challenges associated with grant-funded projects.
Tailored approach
We recognise that each organisation and grant application is unique. Whilst working within the set audit procedures of the funder we seek to get to know our systems and processes, ensuring that our services are tailored to address your organisation’s individual circumstances and goals.
We work with organisations of all shapes and sizes
From Higher Education institutions including University of St Andrews and University of Glasgow, to large private sector organisations such as SSE, all the way to small owner-managed SMEs.
Timeliness and efficiency
We understand the importance of timely reporting and decision-making. Our team works diligently to complete the grant audit process efficiently, providing you with timely insights and recommendations to support your grant management activities.
Trusted partner
We strive to build long-term relationships with our clients based on trust, reliability, and integrity. Our commitment to excellence and client satisfaction sets us apart as a trusted partner in your grant management journey.
Contact us today to discuss how our Grant Audit & Management services can add value to your organisation. Our dedicated team is ready to assist you in ensuring compliance, maximising the impact of your grant-funded projects, and driving sustainable growth for your organisation.
Our Grant Audit Services
We Service All Major Grant Types
Comprehensive audits tailored to the specific requirements of a wide range of grant funding sources.
Certification of Financial Statements
Independent verification of the accuracy and completeness of your financial records to meet funder compliance.
First Level Control Service
Regular assessments of financial processes and procedures to identify and mitigate risks.
Guidance on Funder Requirements
Expert advice on grant terms and conditions to ensure compliance and maximise funding.
Planning of Interim and Final Audits
Strategic planning to optimise audit resources and meet reporting deadlines.
Technical Updates & Training
Stay informed about the latest grant regulations and best practices through our training programs.
Our Approach to Grant Audits
Typically, for a UK Innovate award, you will have only 30 days from the end of a claim period to submit your claim along with an Independent Accountant’s Report (IAR) – with a slightly extended duration to report for the final claim period. With tight reporting deadlines, it is important to have an understanding of the audit process and what the timeline is likely to look like:
1. Engagement meeting:
- If you decide to contact Henderson Loggie to find out more about our grant auditing services, you will be directed to David Taylor: Partner at Henderson Loggie and Head of the Grants Department. An engagement meeting will be scheduled where any questions you have about the audit process can be addressed by David. New clients will go through our onboarding requirements.
2. Send us your Grant Award Letter and workings for your claim:
- Shortly after the claim period has ended you should aim to send us your claim workings (calculations and transaction lists) together with a copy of the claim to the funder. We will review and issue an Engagement Letter.
3. We select a sample for testing:
- On receiving your claim workings we have received your claim workings, a member of the grants team will be allocated to your Audit. The auditor will select a sample of items for testing in line with the requirements of the grant funding body. We will then send this sample to you along with guidance on the documentation you need to provide.
4. Send supporting back-up and we carry out the testing:
- Once all of the documentation requested has been provided by you, we will perform the required checks and liaise with you on any matters to be corrected in your claims.
5. Working Papers are reviewed:
- When the audit testing has been completed and all queries resolved, the audit file will go through final manager and partner reviews. Further queries may be raised at this stage.
6. IAR issued:
- Following completion of the review stages, a draft version of the IAR will be sent along with a Letter of Representation. After the Letter of Representation has been signed and the draft IAR has been agreed the final signed copy of the IAR will be issued to be submitted, with your claim, to the grant funding body.
Grant Funding Opportunities
There are many opportunities for both public and private sector organisations to secure large amounts of funding from both the UK and European Governments to carry out innovative projects.
Innovate UK has awarded more than £15 billion in grants since 2004, and Horizon Europe has a budget of €95.5 billion, running from 2021-2027.
Testimonials
Meet our Grant Audits team
David Taylor
Partner
Blair Davidson
Partner