financial AUDIT &accounting DONE differently

How do you benefit by choosing us?

Monthly Special Reports

Do you want to learn more about new topics such as new budgeting strategies, performance management, fraud, etc? We can help. Simply, you choose the topic and we write the white paper report

Fraud Prevention Package

A powerful fraud prevention tool is to be proactive and have a plan. We’ll help with fraud prevention recommendations to help your fight against fraud before it victimizes your Organization

Financial Analytics

We’ll provide key financial performance metrics and key validations to help you use the audit report to improve performance management

Financial Audit

Our risk based approach equips our firm to pinpoint higher risk areas and provide the correct level of statistical and non-statistical sampling to perform the audit at an optimal level.

The left column below shows examples of previous publications and provides an example of what our Clients receive on a monthly basis.  The topics range from fraud prevention, budgeting, Uniform guidance and grant management to performance management.  

Financial analytics serve to help identify underlying causes of fiscal stress and help predict future financial outcomes.  The right column below provides an example of a financial analytic section our Clients receives at the conclusion of the audit.  

GRANT MANAGEMENT, ARE YOU READY?

GRANT MANAGEMENT, ARE YOU READY?

Managing grants from federal agencies is crucial especially if you expend $750K or more in one given year. Are there basic principles to follow when managing grants? Thankfully there is. Generally speaking grant managers should be knowledgeable in the grant's specific...

OUR AUDIT APPROACH

Planning
  • We take a risk-based approach and assess the risk of the District.
  • Learn and understand internal controls and government operation processes
  • Perform analytical procedures
  • Complex and high-risk accounts are identified early in the this process
  • Create a uniform method based on assessment of the risk and processes of the organization
FieldWork
  •  Perform analytical procedures
  • Test and validate management assertions and group these into three groups
    • Transactional-level
    • Account Balances
    • Presentation & Disclosure
  • Management assertions include:
    • Accuracy
    • Classification / Cutoff
    • Occurrence
    • Completeness
    • Existence
    • Rights / Obligations
    • Valuation
Review
  • Review all working papers
  • Perform analytical procedures
  • Store and upload working papers to the Cloud (G Drive)
  • Review financials and notes
  • Present audit report including
    • Deep dive of financial analytics
    • Provide recommendations
Sampling
  • Utilize statistical and non-statistical sampling techniques as described in the AICPA’s Audit Sampling Guide, depending on the type of testing being performed
  • Risk assessment guides us in determining which technique to use

Our Mission

We are dedicated to educate and provide excellent value-added services to our client base in order for each client to have financial and operational success.

get your free fraud prevention report today!  Please, fill out your contact information to receive a free report. 

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We look forward to hearing from you soon!