Non-profit sector audit

Which organisations are subject to this type of audit?

Non-profit sector audit focuses on the finance and final accounts of the following non-profit organisations:

• State-subsidised organisations – such as hospitals established by the Ministry of Healthcare.
• Subsidised organisations established by municipalities and local governments – such as elementary schools, kindergartens, municipal services, cultural establishments, museums, etc.
• Public research institutions

What areas are reviewed under this type of audit?

The core of the audit focuses on two key areas:

• Checks and verification of the use of subsidies provided by the founder in accordance with an approved budget.
• If requested by the client, the audit may be expanded to include final accounts review and assessment of their accuracy.

For more information on non-profit sector audits, please, contact us using this form.