Audits of the use of funds abroad
NPOs can also realize their tax-privileged purposes abroad. This is done either directly by their own staff and/or by using local auxiliary persons. However, in this case, increased obligations to cooperate and provide evidence apply with regard to the use of funds in accordance with the articles of association.
This is why you must not only check the plausibility of the activity reports from abroad, but also carry out random document checks and on-site inspections abroad at regular intervals. In addition, you must ensure that controls and procedures (also at the partner organizations) are in place to guarantee the complete and correct use of funds.
How we help you
We support you in the implementation and execution of audit procedures, starting with processes at home and ending with on-site audits abroad. Due to the sometimes special circumstances abroad, the audit actions may also relate to asset misappropriation and embezzlement.
In recent years, we have gained experience in auditing the use of funds abroad. For example, we have performed audits in Latin America, Africa and Asia on behalf of public funding agencies and internationally active charitable organizations.