AUDIT - Non-profit sector audit

Which organisations are subject to this type of audit?

Non-profit sector audit focuses on the finance and final accounts of the following non-profit organisations:
State-subsidised organisations – such as hospitals established by the Ministry of Healthcare.
Subsidised organisations established by municipalities and local governments – such as elementary schools, kindergartens, municipal services, cultural establishments, museums, etc.
Public research institutions
 

What areas are reviewed under this type of audit?
The core of the audit focuses on two key areas:
Checks and verification of the use of subsidies provided by the founder in accordance with an approved budget.
If requested by the client, the audit may be expanded to include final accounts review and assessment of their accuracy.