Independent Grant Audit & Assurance Services

Satsuma colour logo with Audit name

Independent grant audit and assurance services that support successful grant claims.

Grant Audits & IAR's

Many grant funding schemes require an Independent Accountant’s Report (IAR) or grant audit to validate expenditure and support grant drawdown.

At Clive Owen, we provide specialist grant audit and assurance services that help businesses, charities and organisations meet grant compliance requirements efficiently and confidently.

Our experienced team has delivered hundreds of Independent Accountant’s Reports and grant assurance engagements across UK and international funding programmes, helping clients secure funding, maintain compliance and navigate complex reporting requirements.

Whether you require support with a grant claim, project assurance review or post-completion monitoring, we provide a proactive, commercially focused approach that reduces administrative burden and supports successful outcomes.

We support organisations throughout the full grant lifecycle, delivering independent assurance and practical guidance from application through to final reporting.

Our services include:

  • Independent Accountant’s Reports (IARs)
  • Certificates on Financial Statements (CFSs)
  • Annex G reports
  • Grant audits and grant claim verification
  • Grant expenditure testing and assurance
  • Post Completion Monitoring Reports
  • Financial compliance reviews
  • Supporting evidence and documentation reviews
  • Due diligence and grant readiness support
  • Grant funding advisory
  • Audit preparation and grant reporting support
  • Project close-out assurance

Independent Accountant's Reports (IAR)

What Is an Independent Accountant’s Report?

An Independent Accountant’s Report (IAR) is an assurance report prepared by an independent accountant to verify that grant expenditure has been incurred in accordance with grant funding conditions.

Funding bodies often require an IAR before approving grant payments or releasing additional funding.

Requirements vary by scheme, but an IAR is commonly requested:

  • To support grant drawdown claims
  • At annual reporting milestones
  • At project completion
  • Where expenditure thresholds are reached
  • As part of ongoing compliance obligations

Early planning helps avoid delays and ensures required evidence is available when reporting deadlines approach.

Grant Audit Frequently Asked Questions

A grant audit is an independent review of grant expenditure and supporting documentation to confirm compliance with funding requirements and verify that costs claimed are eligible.

Client perspective
In their words

As a fellow business in the professional services sector, we really valued Clive Owen LLP’s clear advice and proactive approach throughout the process.

Their support gave us the confidence to go for the Business Growth Fund grant funding and invest in a new, modern office, which will help to support our next phase of growth.

We felt supported and well guided from start to finish, and we wouldn’t hesitate to recommend Carl and the team.

 

Sarah Reid, Richard Reed Solicitors

Richard Reed Solicitors

At Kasai UK, we greatly valued the support provided by Clive Owen LLP in securing a Business Growth Fund grant to help develop our solvent-free manufacturing process.
Their expert guidance and proactive management of the application played a key role in helping us access the funding needed to support our greener, more sustainable production ambitions.
As a business that is becoming increasingly climate-conscious, it was important for us to work with advisers who share similar values. Clive Owen’s commitment as climate champions meant they really understood both our commercial objectives and our environmental priorities, adding genuine value throughout the process.

Anne Marie Coyle, Kasai UK

Kasai UK

We were delighted to work with Clive Owen LLP who prepared an Independent Accountant’s Report for our Innovate UK grant claim. 

Their professionalism and attention to detail were evident throughout the process, with the report completed and issued ahead of our planned submission deadline.

We greatly appreciated their reliability, expertise and overall excellent service, and would highly recommend Eleanor and the wider Grants team.
– Reichal Roy

Talos Consulting Services Ltd

Talos Consulting Services Ltd

RheEnergise Limited grant support by Clive Owen LLP

We were very pleased with the service provided by Eleanor at Clive Owen, who prepared an independent accountant’s report to support our grant funding claim. Eleanor expertly guided us through the process, making it very easy on our side. We would definitely consider working with Clive Owen again.

RheEnergise Limited