When you are awarded a grant from the Cancer Prevention and Research Institute of Texas (CPRIT) to fund new research or product development, doors open to innovation, growth and prestige.
Along with these opportunities, you also incur responsibilities to manage and report grant funds in compliance with complex CPRIT requirements. Whether or not you have in-house staff with grant management experience the annual single audits or agreed-upon procedures can present a challenge.
Health Care OrganizationsReceiving a CPRIT grant opens the door for growth possibilities and now that you have secured additional funding it might be time to consider the critical next steps in growing your health care practice. From going public with an initial public offering (IPO) to overall improvement of financial reporting, Weaver is here to help you maximize the opportunities for continued growth.
The unique requirements of a CPRIT grant requires an assurance team with demonstrated expertise in grant compliance and a deep understanding of the risk-based framework used by CPRIT. Our team has worked with CPRIT since 2014 and audited more than $500 million in CPRIT grant funds.
Weaver can help.
Having worked with CPRIT since 2014, we understand the risk-based monitoring framework the institute uses today.
Last year, we audited more than $500 million in CPRIT grant funds for clients such as the University of Texas Southwestern Medical Center.
Our professionals understand both methods for demonstrating grant compliance, so we can support you whichever you use: single audit procedures or CPRIT agreed-upon procedures.
We can streamline your processes, simplify demands on your staff and clarify technical details to support your compliance.
Ready to find out more?
Contact us today to schedule a complimentary consultation with our CPRIT grant compliance leaders, and find out how we can help relieve the compliance burden so you can focus on the fight against cancer.