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What is this?
The U.S. Department of
Agriculture created the Rural Utilities Service (RUS)
Loan Guarantee Program to provide economic development
loans to rural areas. Because this is a government
run program, each borrower must have its financial
statements audited annually by a qualified CPA firm.
In order to qualify to
perform RUS audits, Pry Professional Group has
participated and successfully completed a peer review of
its accounting and auditing practice. In addition,
we have professional staff with specialized training and
the continuing education requirements to perform
governmental audits for our clients.
How does it help me?
Every RUS borrower must
have its financial statements audited to meet
governmental regulations on receiving these funds.
Pry Professional Group provides the necessary audit to
comply with these government regulations. We can
also prepare or assist you in preparing the additional
regulatory filings required by the Department of
Agriculture.
If you are not currently a
part of the RUS Loan Guarantee Program and would like to
apply, Pry Professional Group can help you with the
application process.
Who do I contact for
questions?
For more information on
using the Pry Professional Group assurance process to
create greater operating efficiency and growth for your
company, contact Nikki Clement at
nclement@PryGroup.com or
419.423.4481.
What do I need to bring?
Prior to the start of an
RUS audit engagement, we will provide you with an “items
needed” list that specifies all of the documentation we
will need to complete our services.
Security is very important
to us, as we are sure it is to you. Any information you
have in electronic format (Word, Excel, PDF, etc.) can
be uploaded to Pry Professional Group through a
personal, secure portal that we will create for you.
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