This phase begins with setting clear objectives for the audit, such as evaluating fundraising performance, identifying compliance issues, and uncovering areas for growth. A knowledgeable audit team is formed, typically comprising internal staff and external experts to ensure objectivity. The scope of the audit is defined, covering key areas such as donor relations, campaign strategies, financial performance, and regulatory compliance. The audit strategy is developed, detailing methodologies, tools, timelines, and necessary resources. Confidentiality and ethical considerations are paramount, and key stakeholders, including board members and fundraising teams, are engaged early to ensure alignment with the NGO’s mission.

Implementing the audit recommendations requires consistent follow-up and monitoring. Key performance indicators (KPIs) are established to track the progress of fundraising improvements. Periodic reviews allow the NGO to assess whether the action plan is achieving its intended results. If necessary, adjustments are made to refine strategies and ensure the NGO remains aligned with its fundraising goals.