Understanding the FAQs Related to Overhead Rate Audits for Growing A&E Firms
Cherry Bekaert
MAY 9, 2024
A: An independent third-party auditor typically conducts an overhead rate audit. The auditor should be a qualified accounting professional who is experienced in auditing overhead rates and familiar with the intricacies of A&E accounting. Q: Who conducts an overhead rate audit? Q: Why is a FAR overhead audit needed?
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