Grant acquittals can be required by the governing body to have an audit as a part of the evidence that the funds were spent according to the funding agreements. In many cases the organisation they fund would not survive without them, if funding is lost the community potentially losses a service which is needed. By correct acquittal behaviour your entity can grow and maintain the assistance is gives due to the funding while lowering the chances of losing the funding due to error or omission regarding the treatment of the funding.