Report Assurance

Getting your Social Value Report Assured will give your work, calculations, assumptions and findings a mark of quality and credibility. The Report Assurance process also offers the opportunity to develop your practice. Submit your report and if it meets the SVI report assurance standard the certificate of assurance can be applied.

Before you apply

  • Have you read the Assurance Standard?
  • Have you seen our Pre-Report Assurance Outcomes Check Service?

The Pre-Report Assurance Outcomes Check Service provides a critique of the practice that has been undertaken to define the outcomes of your analysis. This should be undertaken before the full analysis and report have been completed.

Learn more about the Pre-Report Assurance Outcomes Check Service here.

Download the Assurance Standard here.

How to apply

You can submit an application during a standard assurance and accreditation round (a two week period in which we receive many applications). The following rounds are scheduled:

Open for applicationsDeadline for applicationsEstimated result date (may be subject to change)
11th February 201925th February 201925th March 2019
13th May 201928th May 201924th June 2019
16th September 201930th September 201928th October 2019
4th November 201918th November 201916th December 2019

Online applications for Standard Report Assurance are available when the assurance rounds are open.

Alternatively, you can use the Fast-Track service. This means you can apply at any time of the year.

Apply online for Fast-Track Report Assurance by clicking the button below.

Cost

All Assurance and Accreditation services are discounted by 10% if you have an organisational membership.

  • Standard Report Assurance = £750 + VAT
  • Fast-Tract Report Assurance = £1050 + VAT
  • Amendment period (optional) = £300 + VAT

PLEASE NOTE:  The majority of reports are of a standard that mean they have to go through a post assessment amendment stage. We therefore recommend that you budget for the extra £300 fee.

What are the possible results?

There are three possible results:

  1. Report Assured
  2. Report does not meet the assurance standard criteria, but can with an amendment period
  3. Report does not meet the assurance standard criteria
  4. Limitation of the application of Principle 4: Only include what is material

Frequently Asked Questions

What is assurance?

Assurance is more than just a rubber-stamping exercise. It is also a learning process designed to help you improve the way you measure impact.

During the process your analysis will be independently checked by our qualified assessors. They will check that a report shows good understanding of Social Value principles and practice. For an SROI report this means that principle #3 “value what matters” requires the use of financial proxies. However any social value/impact report can be tested against the Social Value principles.

Assurance is a principles based assessment. It does not include verification of stakeholder engagement, data and calculations.

What reports can be assured?

Any social value or SROI report can apply for Report Assurance. Either type of report needs to meet the Report Assurance Standard Criteria.

What other support is there for developing social value reporting practice?

  • Peer Support: As a member of SVI you are encouraged to gain support from other members through regional meetings, LinkedIn groups and, webinars.
  • Assurance Standard: Our assurance standard is available in a checklist format for you to use as you produce your report. Download it here.
  • Report Review Service: Submit any report to Social Value UK and feedback is provided on where the report shows good application of the Social Value Principles and areas in which it needs improving.
  • Mentoring: Social Value UK provide a mentoring service that offers intense 1-2-1 coaching. The service is open to all members of Social Value International. NB: if a report has been produced with help from this mentoring service, it is not possible for it to be part of an individual’s application for accredited practitioner status.

When can I submit a report for assurance?

You can submit an application during a standard assurance and accreditation round (a two week period in which we receive many applications).

Alternatively, you can use the Fast-Track service. This means you can apply at any time of the year.

What is the Fast-Track service?

This option is much quicker than normal applications and you can submit at any time of the year. It costs an extra £300 but means you receive the results in half the time and do not have to wait for an ‘assurance round’.

How long does the process take?

When a report is submitted through an assurance round you should allow up to six weeks for the results to be returned.

When a report is submitted through the Fast-Track service you should allow two to three weeks for the results to be returned.

For reports that require some alterations in order to meet assurance requirements, the author may be given a five week the option of an amendment period in which to make the necessary changes. This amendment stage is subject to an extra fee, on top of the initial assurance/accreditation fee, in order to cover additional costs of re-checking the amended report and administration (see ‘Cost’ section above).

What if my report does not meet the assurance standard?

If your report does not meet all of the report assurance standard it can still receive the assurance certificate but it will include some ‘qualifications’. Qualifications are qualifying statements that highlight where the report does not meet the report assurance standard.

I have produced a report working as part of a team, can this be submitted for assurance?

Yes, if submitting for report assurance it doesn’t matter how many authors there are.

Do you have examples of the process?

If you are interested in getting a report assured, you can find out more about the process in the case studies Social Value UK have collected in their resource library.