Grant audit

Do you award grant funding or are you in receipt of grant funding? In today’s regulated grant funding market, challenges exist for both funders and grant recipients in respect of accuracy of costs, reliability of grant audit systems, compliance with terms and conditions of grant awards and overall grant governance.

At Mazars, we provide a range of grant audit services to both grand award bodies and grant recipients in the higher education, science, research and development, peace and reconciliation, health, transport and other sectors as follows:

Transaction audits
System audit
Compliance audits including EU compliance
Risk assessments of grant schemes
H2020 and FP7 audits
Article 4, 10 and 13 audits

Our dedicated grant audit team in the corporate assurance services department have vast experience in the provision of grant audit and assurance. We provide a tailored risk based grant audit approach on all assignments which support our clients at each stage of the grant award cycle.

Audit & assurance news

Beyond the GAAP no.177 - May 2023

As the half-yearly reporting period draws to a close, Beyond the GAAP brings you the list of texts published by the IASB, including the IAS 12 amendments taking account of OECD's Pillar Two and the amendments to IAS 7 and IFRS 7 relating to supplier finance arrangements, both published this month. The list indicates whether these texts are mandatory or optional, depending on the progress of...

Guidance for (Re)insurance Undertakings on Climate Change Risk - Mazars in Ireland

Guidance for Climate Change Risk.

Following initial stakeholder consultation, the Central Bank of Ireland published its paper “Guidance for (Re)insurance undertakings on Climate Change Risk.”

Beyond the GAAP no.176 - April 2023

Less than six months after launching the standard-setting project, the IASB seems well on the way to finalising the amendments to IAS 12 that will introduce a temporary exception to the recognition of deferred taxes resulting from the implementation of the OECD Pillar Two rules. The IASB acknowledged the timely and helpful feedback from stakeholders on its proposed amendments and, at the end of...