Financial Audit of Innovate UK Grants

New

IUK grants are subject to periodic financial audit by UCAM’s external auditors (CG Lees). Number and frequency of the audits required throughout the lifetime of the grant is defined by the value of the award and stated in the grant agreements.

The session aims to discuss the audit requirement for the IUK awards and provide clarification on the documentations required in support of expenditure on IUK grants.

Ellen Thompson and Jonathan Gray from CG Lees will discuss the audit requirements and the typical pitfalls that you may wish to be aware of when managing an IUK grant.

The session will be facilitated by ROO Compliance team and there will be time for Q&A.

Please note that the session will be recorded.

• Administrators and Research Grant support staff in the departments
• PIs that currently hold or are planning to apply for IUK grants

Number of sessions: 1

• to have an increased awareness of the audit requirements for IUK grants
• to help the departments to be prepared for audit.
• to collect and record documentations required for audit in a systematic way.

One hour and 15 minutes