In today’s nonprofit world, transparency is not just a buzzword—it’s a prerequisite for credibility and funding continuity. International donors and funding agencies increasingly demand not only sound project execution but also audit assurance rooted in globally recognized standards.
Two International Standards on Auditing (ISAs) provide an essential foundation for donor-specific and project-based financial reviews:
ISA 800 (Revised) and ISA 805 (Revised).
What Are ISA 800 and ISA 805?
- ISA 800 (Revised) is used when an auditor is engaged to report on complete financial statements prepared in accordance with a special purpose framework. For NGOs, this could be a project’s financial statement tailored to donor requirements.
- ISA 805 (Revised) applies when an audit opinion is needed on a single financial statement or a specific financial element, such as only the expenditures or donor fund utilization.
These standards are designed to adapt traditional auditing practices to the unique context of donor-funded, project-based, or special-purpose financial reporting.
Why Do These Standards Matter for NGOs?
- ✅ Compliance with Donor Expectations
Many international donors now require audit reports aligned with ISA 800 or 805 as part of their accountability and monitoring processes. - ✅ Project-Level Financial Accountability
NGOs working with multiple donors often face overlapping reporting periods and frameworks. ISA 800 and 805 enable clean, donor-specific audits without affecting the organization’s general financials. - ✅ Enhanced Credibility
Being able to provide an ISA-compliant audit report shows that your NGO is serious about financial governance, which strengthens donor confidence and helps sustain long-term partnerships.
At the International Center for Social Projects (USPM)
At USPM, we specialize in delivering ISA 800 and ISA 805-compliant audit services tailored to the unique needs of civil society organizations. We help NGOs:
- Conduct project-based compliance reviews
- Prepare for donor or grant audits
- Improve internal control systems
- Align their financial reports with international standards
Let’s Build Trust Through Transparency
Whether you’re managing a €50,000 EU-funded pilot project or a multi-year grant from an international donor, ISA 800 and 805 give your organization the audit clarity it needs. It’s not just about passing the audit—it’s about building long-term trust and unlocking new funding opportunities.
To learn more about our audit support services, contact us at
info@sosyalprojeler.org.tr