What is an audit waiver?
An audit waiver is a one page agreement that your customer will need to sign off on before we allow you to audit your customer’s network. It essentially ensures that the customer is acknowledging the inherent risks associated with an audit, is accepting those, and permitting you to go ahead with the audits.
Related Questions
- Can the plan satisfy the audit waiver bonding requirement by having persons who handle the non-qualifying plan assets get their own bond?
- What information must be included in the summary annual report for the plan to be eligible for the audit waiver?
- Which financial institutions are regulated financial institutions for purposes of the audit waiver conditions?
