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Federal Award Audits: Essential Steps for Your Biotech Company
Federal awards and grants support the biotech sector's quest for advancement. However, navigating the maze of compliance requirements demands expertise, precision, and a proactive approach. The result of non-compliance is severe, and may include financial penalties, the loss of funding, reputational damage, and potential legal action.
This is why it is essential to work with an assurance provider with specific knowledge of the biotech/life science landscape. In the video below, we detail how our specialized guidance focuses on risk assessment, control evaluation, and regulatory adherence to safeguard your projects and funding.