Audit of special-purpose funding projects

Our company carries out audits of special-purpose funding projects for companies and organizations that are financed by international donor agencies (USAID, SIDA, European Commission and others).

Audit of projects financed by international donor organizations is carried out in compliance with the International Auditing Standards approved by IFAC.

When auditing the projects financed by USAID, our auditors follow the rules established by the "GUIDELINES FOR FINANCIAL AUDITS CONTRACTED BY FOREIGN RECIPIENTS", (Circular A-133, Circular A-122).

During the audit we:

  • check performance of obligations of the parties under the project
  • confirm the intended use of the funds for the project
  • conduct an assessment and obtain sufficient understanding of internal control performed by the management structure associated with the funded project
  • other audit procedures

According to the audit results, we will provide you with the following documents:

  • Report on proper use of funds received under the project during the period of financing.
  • Management letter or another report as stipulated by the donor.

All opinions are provided in Ukrainian and English and will meet the standards of the IAASB (International Auditing and Assurance Standards Board).