Costs and benefits of uniform guidance audits

May 16, 2019

Before deciding whether to pursue uniform guidance audits, firms must assess whether or not they are prepared to conduct quality audits.

Developing adequate expertise to audit financial statements and compliance with laws, regulations and federal grant requirements can be expensive. There also is a certain amount of risk associated with accepting these clients.

Learn more about how to evaluate whether the additional risk and costs can yield enough benefit to take on uniform guidance audit clients.

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