Every company is required to prepare financial statements. In certain cases, the company is required by law to have an audit performed.

The European Union encourages organisations to invest in innovation, sustainability, digitalisation, research and social development. To support these efforts, various grant schemes are available that provide financial support for projects with a positive impact.

With a project grant, organisations can receive financial support for innovative, sustainable or social projects. Project grants are provided by, among others, governments, foundations and European institutions, helping organisations achieve their ambitions.

An institutional grant is a grant awarded to support the ongoing activities of an organisation, often foundations and associations. Unlike a project grant, which is intended for a specific project or initiative, an institutional grant contributes to the organisation as a whole, enabling it to achieve its objectives over a longer period of time.

Municipal and provincial grants support organisations, associations and institutions in projects that contribute to regional, social or economic development. These grants are intended to stimulate initiatives that align with the objectives of a municipality or province, such as sustainability, liveability, innovation, culture, sports and social development.

In addition to the statutory audits, VHM Audit also performs voluntary audits for many companies that do not (yet) have a statutory obligation. 

If your company is not subject to a statutory audit and a voluntary audit does not provide the desired added value, an assessment assignment can be a good alternative.

Our experience in auditing and reviewing financial statements comes in handy in any work that requires the examination of financial data and processes.