The auditing of projects supported by EU grants is necessary, when the terms and conditions stipulate it as a requirement.
The control of EU grants is not specifically considered to be an audit, but rather an obligation to be carried out by an auditor.
The verification of the use of grants has to be done according to a prescribed procedure.
During the audit, it is necessary to verify whether the reported expenses are indeed accountable and whether they correspond to what is stated in the grant agreement.
During an EU audit, we review the following:
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Are there any not directly associated expenses listed in the financial accounting for the EU grant?
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Are all the listed expenses truly necessary for project implementation; are they appropriately identified; are they verifiable for grant accounting?
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Does the grant accounting comply with current tax and social security regulations?
Why choose us?
Our company has numerous references and extensive experience in auditing EU and government grants.
