For Profit Businesses With Federal Funding

Federal Grant Audits For For-Profit Companies

Overview

For-profit entities are receiving more federal funding than ever before. With that opportunity comes increased compliance and audit requirements that accompany this funding. Maher Duessel provides both audit and advisory services to for-profit entities receiving federal funds, helping you to maintain compliance and allowing you to stay focused on your business. Leveraging our expertise gained from working with our non-profit and governmental clients that receive federal funding each year, Maher Duessel is also able to provide federal grant and compliance audits to assist businesses receiving federal funds. This includes auditing funding through federal agencies such as the U.S. Department of Energy (DOE) and U.S. Department of Defense (DOD) and audits of Research and Development (R&D) programs.

Who We Serve: For-Profit Businesses With Federal Funding

• Receive federal grants, cooperative agreements, or subawards from agencies such as the U.S. Department of Energy (DOE), NIH (National Institutes of Health), SBA (Small Business Administration), or other federal departments
• Conduct federally funded research and development (R&D)
• Expend $1,000,000+ in federal awards during a fiscal year and a federal agency is requiring a compliance audit
• Are completing a first-time federal grant audit and need practical guidance on documentation, internal controls, and timelines 

Industries we frequently support include:

• Automotive and advanced manufacturing (including electric vehicle (EV) and clean energy supply chain)

• Energy and clean technology

• Engineering, technology, and R&D focused firms

• Commercial subsidiaries of authorities, universities, or other public sector entities that hold federal awards

Our Services for For-Profit Recipients of Federal Funds

• Federal grant and contract compliance audits (including DOE awards and other agency programs)

• Pre-audit readiness assessments and mock audits for companies anticipating their first compliance audit

• Internal control and compliance consulting focused on grant management, documentation, and reporting

• Grant accounting and reporting advisory services, including assistance with the Schedule of Expenditures of Federal Awards and support for agency or prime contractor reviews

Our Federal Awards Experience Makes Maher Duessel The Right Choice.

• Maher Duessel is nationally recognized for federal award audits and Single Audits. We annually perform a high volume of federal grant audits and Single Audits, ranking among the top firms in the country in federal award dollars audited. That experience translates directly to our work with for profit entities that now fall under similar audit rules.

• We provide compliance audit services related to DOE funded projects and other federal programs for large, sophisticated organizations.

• We offer practical guidance for first time audits. First time grant audits can feel disruptive and unclear so we focus on: explaining what the audit will cover, what documentation is needed, and how to organize support, along with setting a realistic timeline that accounts for filing deadlines.

• We offer a right sized and business focused approach. Because we have long served entities that rely on federal funds, we know how to: tailor procedures to your grant portfolio, systems, and staffing; minimize disruption to day to day operations; and help you understand the cost implications of the audit and how those costs may be treated for grant purposes.

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