In today’s nonprofit landscape, it’s not enough for NGOs to implement impactful projects. International donors and funding institutions increasingly expect transparency and accountability based on global financial standards.
At this point, two international auditing standards stand out:
ISA 800 (Revised) and ISA 805 (Revised).
What Are ISA 800 and ISA 805?
- ISA 800 (Revised) is applied when financial statements are prepared for a special purpose, such as a single donor-funded project’s financial report.
- ISA 805 (Revised) is used when the audit covers a single financial statement or specific financial element, such as only the expenditure report or donor fund usage.
These standards enable donor-focused, project-based audits, distinct from traditional institutional audits. They help NGOs fulfill obligations while increasing institutional credibility.
Why Are These Standards Important?
✅ Compliance with Donor Requirements
Many international funders now require audit reports aligned with ISA 800/805. These standards make it easier to renew or extend funding.
✅ Project-Based Accountability
Separate audit reports for different projects and donors allow for transparency without interfering with your organization’s overall budget.
✅ Boosting Donor Confidence
Compliance with international audit standards is not just an obligation — it’s a pathway to long-term cooperation and credibility.
How Does USPM Support NGOs?
At the International Center for Social Projects (USPM), we provide professional support to NGOs conducting independent audits under ISA 800 and ISA 805.
Our support services include:
- Project-based donor fund audits
- Independent verification of expenditure reports
- Strengthening internal control systems
- Reporting aligned with international donor expectations
Let’s Build Trust Through Transparency
Whether it’s a €50,000 pilot project or a multi-year international grant, ISA 800 and 805 provide the audit clarity your organization needs — strengthening both reporting and reputation.
For more information and inquiries:
info@sosyalprojeler.org.tr