Sayer Vincent, the award-winning UK charity accounting and auditing firm, has established a specialist donor audit team to boost the firm’s growing services to charities receiving certain types of grant funding.
Sayer Vincent is a specialist in the charity and not-for-profit sector and has provided donor audits to its main audit clients for some years. The firm is recognised by USAID as a provider of specialist audits that meet their standards, and was granted ‘regular’ status several years ago. The firm also undertakes EU grant audits and audits for other funders including the World Bank, the Swedish development agency and others. The knowledge gained from individual audits has now been consolidated into one team, tailored audit programmes developed and training provided.
Existing clients for this service include Neath Port Talbot County Borough Council, Internews, Minority Rights Group, Concern Universal, HelpAge International, IDE UK, Tech4Trade, Transaid, WSUP (Water & Sanitation for the Urban Poor, IPPF (International Planned Parenthood Federation), Article 19, Shell Foundation, and Small Media Foundation.
Dawn Williams, Finance and Data Monitoring Manager, Neath Port Talbot County Borough Council said, “We approached Sayer Vincent to audit our international, European funded project. They were able to undertake the audit at short notice and even though it involved 4 different languages the process was efficient and completed to timetable. The staff could not have been more helpful and friendly, providing guidance and support.”
Noelia Serrano, partner at Sayer Vincent says, “More than ever, donors want assurance that their funds have been used for the purposes for which they were given and in compliance with their regulations. This has led to an increasing number of donors requiring some form of audit assurance. Organisations in receipt of grants need to feel confident that their auditors have a thorough knowledge of donor rules and regulations, understand their organisation and will conduct the audit efficiently. This is particularly important as UK charities are seeking out a broader range of donors with diverse compliance requirements. We have brought a specialist team together that delivers on all these aspects.”