Universal Service Administrative Company (“USAC”) evaluations can be overwhelming unless your company is prepared.
The CommLaw Group has been through every step of the USAC audit process, including audit defense. We know that USAC expects a response to an initial list of questions within a week or two of notification.
During an audit, USAC will exhaustively evaluate your company’s compliance relative to a list of constantly changing accounting, jurisdictional, and revenue reporting rules – from FCC regulations, to Form 499 instructions, to USAC policies.
With new or changing regulations also come increasingly complex revenue reporting and heightened regulatory scrutiny.
Although USAC examines only one year’s Form 499-A filing, at the conclusion of an audit, USAC will direct the filer to apply its findings to prior years. Without any limitations period on USAC’s ability to look back in time to identify under-reported revenue and missing contributions, the stakes are incredibly high.
The CommLaw Group can help your telecom company develop policies and procedures that ensure you are continually prepared for an audit and can more quickly and successfully defend during audit or review.
Award-winning practice with unparalleled experience in the telecommunications sector, our clients include VoIP, wireless and traditional telecom companies, SaaS and cloud technologists, and nearly every imaginable business driving the digital revolution.
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