Mock Audit Review
A full simulated audit with opening and closing meetings — mirroring the structure, tone and rigour of an external grant audit.
- Opening & closing meetings
- Documentation walkthrough
- Formal written report
Independent grant audit specialists
Find issues before
auditors do.
Grantimal helps Innovate UK-funded organisations identify compliance risks before external audits — reducing findings and strengthening grant management across current and future projects.
- Former BDO Grant Audit Experience
- 7-Day Audit Turnaround
- Tailored for Innovate UK Projects
Real audit experience
Built around real grant audit experience.
Grantimal was founded by professionals who reviewed grant-funded projects from inside a leading UK practice. We understand donor and funding requirements, common audit pitfalls, and the documentation auditors actually test — bringing an independent perspective before formal reviews.
- Years of hands-on grant audit fieldwork
- Deep familiarity with Innovate UK terms & conditions
- Independent, conflict-free perspective
Mock audit reports delivered within 7 days of fieldwork.
Full-scope reviews modelled on real Innovate UK audits.
Clear, actionable findings — not vague observations.
Compliance improvements that carry across future projects.
Services
How Grantimal works.
One focused engagement designed to surface issues before they become findings — and to leave your organisation measurably stronger.
Simulated Audit Testing
Sample testing performed against your grant requirements, with the same standards external auditors will apply.
- Sample selection
- Evidence testing
- Findings classification
Compliance Risk Assessment
Identify weaknesses before auditors do and build stronger compliance systems across current and future grant-funded projects.
- Control gap analysis
- Process recommendations
- Cross-project insights
Benefits
One review. Benefits across every project.
Findings from a single review improve documentation and compliance processes across multiple projects — not just the one reviewed.
Findings that travel
Issues identified on one project reveal control weaknesses present across your wider portfolio.
Stronger documentation
Recommendations create reusable templates used by every future grant submission.
Improved processes
Lessons in compliance from one review reshape internal controls — timesheets, procurement, cost claims — across the whole organisation.
Compounding returns
Each engagement raises the baseline. Future audits start from a stronger position and produce fewer findings.
Process
A real audit simulation.
Every engagement follows the same rigour as an external audit — start to finish.
- 01
Opening Meeting
Agree with scope, objectives and information request.
- 02
Sample Testing
Targeted testing against your grant terms and supporting evidence.
- 03
Findings Assessment
Issues classified by severity, root cause and cross-project impact.
- 04
Audit Report
Formal written report mirroring external audit deliverables.
- 05
Closing Meeting
Walkthrough of findings, recommendations and next steps.
Who we help
Built for funded organisations.
Innovate UK Recipients
Organisations actively delivering Innovate UK-funded projects.
Research & Development
R&D-intensive businesses with complex cost claims and timesheets.
SMEs
Growing companies without a dedicated internal grant compliance function.
Technology Businesses
Tech-led organisations managing technical and financial compliance in parallel.
Multi-Grant Portfolios
Teams managing several concurrent grant-funded projects across the business.
FAQ
Questions about Innovate UK audits.
Book a discovery call
Strengthen compliance before your next audit.
Tell us a little about your project and we'll get back to you within one working day to schedule a free 30-minute discovery call.
Prefer email? ismail.timol@grantimal.com