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Risk-Based Compliance Audit Approach

Wegner CPAs uses a risk-based approach in all compliance audits. Our compliance audits are performed in accordance with generally accepted auditing standards and the standards for financial audits under generally accepted government auditing standards (GAGAS). Each compliance audit engagement is staffed with an experienced lead auditor who meets the GAGAS continuing professional education requirements.

Depending on the source and amount of government funding, an entity may be required to have audits in accordance with the OMB’s Uniform Guidance or the HUD Audit Guide. Compliance audits are typically agency-wide audits but may be program-specific audits provided certain criteria are met. Wegner CPAs audit experts will guide you through the process.