Independent Reasonable Assurance Report for Innovative UK
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£300(approx. $375)
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- Proposals: 3
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- #3180143
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Description
Experience Level: Expert
We run a micro R&D company, with a nil turnover. We have been awarded a small grant by Innovate UK to develop one of our potential products. The grant funding is aimed to cover labour costs (payrolled) and a few subcontracting / material expenses. As part of the grant agreement Innovate UK requires an “Independent Reasonable Assurance Report” - Assurance commitment in accordance with the International Standard for Assurance Commitments (ISAE) -"Assurance engagements other than audits or reviews of historical financial information.
Report must be prepared by a certified accountant (registered at http://www.auditregister.org.uk/ ) to validate the expenditure.
The IAR will involve reviewing invoices/receipts for the project and matching them with bank account details in order to validate the claim figures included in the report draft.
We will prepare excel sheets with a summary of invoices/timesheets and mark all bank statements with invoice payments. .
The volume of transaction is extremely small (5 people on payroll over 9 months + a few invoices + timesheets) and therefore the total time commitment for the project is estimated to be less than 2 hours.
Given the above context:
1. Have you done any with work with / on behalf of Innovate UK grants?
2. Are you familiar with Assurance Commitments, IAR ?
3. Are you able to support the preparation said report?
Kind regards,
Mitev
Report must be prepared by a certified accountant (registered at http://www.auditregister.org.uk/ ) to validate the expenditure.
The IAR will involve reviewing invoices/receipts for the project and matching them with bank account details in order to validate the claim figures included in the report draft.
We will prepare excel sheets with a summary of invoices/timesheets and mark all bank statements with invoice payments. .
The volume of transaction is extremely small (5 people on payroll over 9 months + a few invoices + timesheets) and therefore the total time commitment for the project is estimated to be less than 2 hours.
Given the above context:
1. Have you done any with work with / on behalf of Innovate UK grants?
2. Are you familiar with Assurance Commitments, IAR ?
3. Are you able to support the preparation said report?
Kind regards,
Mitev
Gancho M.
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