Understanding the FAQs Related to Overhead Rate Audits for Growing A&E Firms
Cherry Bekaert
MAY 9, 2024
The auditor should be a qualified accounting professional who is experienced in auditing overhead rates and familiar with the intricacies of A&E accounting. Maintaining accounting records on an accrual basis in accordance with generally accepted accounting principles (GAAP) will be critical to the efficiency of the audit.
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