Municipal and Provincial Grants Audits
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.
Municipal and provincial grants can be used for, among other things:
- Sustainability and energy projects;
- Cultural and heritage initiatives;
- Sports and community wellbeing activities;
- Innovation and entrepreneurship projects;
- Social and community programmes;
- Regional development projects.
Municipal and provincial grants are almost always subject to specific conditions. Organisations must be able to demonstrate that the grant funding has been spent in accordance with the grant award and its associated objectives. Careful administration, accurate time registration and complete and correct financial reporting are essential in this regard. Depending on the grant scheme, a grant audit or statutory audit of the annual financial statements may be required.
VHM Grant Audit audits the financial accountability of municipal and provincial grants and other grant schemes, as well as annual financial statements. In this way, we provide assurance to grant providers and help organisations comply with all accountability requirements.
Other services
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.