Because of the way that grant programs are designed, federal awarding agencies and pass-through entities must rely heavily on the timeliness and accuracy of reporting. Late or inaccurate submissions have been seen for years as the first indication of grants management problems. More recently, grant reporting has taken on a new dimension government transparency. Meeting Federal Grant Reporting Challenges Supporting Your Claims and Feeding Federal Databases, the Sept. 22 Federal Fund Management Advisor webinar, will sort through the current and future reporting requirements that organizations are facing, and offer advice on how to best meet them.
Prinicipal of Federal Fund Management Advisor and federal grants expert Bob Lloyd will present for 60 minutes and follow with 30 minutes dedicated to individual questions. Participants will get answers to questions such as:
Audit Services and Turnkey Business Consultancy are the highly advanced services which are offered according to the latest marketing tends and techniques. These services are designed according to the numerous client’s needs and requirements which are appreciated by customers as well. These services include numerous other services.
There are numerous renowned companies which are indulged in offering a range of auditing services according to the customer’s need and demand. These services are usually planned as per the latest marketing trends and business requirements. Audit Services are generally designed for extensive result orientation and responsive features. These audit services are available at cost effective prices which are delivered by expert groups and researchers. In India, there are numerous consultancies which are indulged in providing modern technological advanced auditing services. These services are highly innovative, reliable and smooth the system; these auditing services are highly appreciated by clients. All the auditing services are reliable and are based upon the clients need and requirement which are highly appreciated by customers. Commonly in the auditing services, customers can manage their business, accounting systems and internal controls properly. Usually these services depend upon the size of the business entities and effectiveness of the auditing. These services are highly effective and significant in the areas of accounts and controls.
Turnkey Business Consultancy offers range of services which are usually designed for setting up new project works and are indulged with modern techniques and innovations. Usually these services are designed to identify the most suitable locations for the project works which are designed according to the suitable technology as per its concerning applications and project works. Turnkey Business Consultancy involves various techniques as per the latest trends and techniques which are integrated with advanced technologies and services. Usually in the business consultancy services, there are blend of various consultancy services which includes preparing of techno economic feasibility report, procuring long term and working capital finance from suitable source, identifying suitable suppliers for plant and machinery, on most suitable terms and conditions, applying for and obtain various approvals, permissions, registrations from appropriate authorities, helping the client till commencement of the business, laying down accounts, administrative and MIS systems, financial consultancy on ongoing basis, taxation consultancy on ongoing basis, legal consultancy on ongoing basis and many more. All these are highly advanced in technology and are designed according to the latest marketing trends and techniques.
Access exclusive collection of small business articles. Create free pages for your company and get exposed to buyers worldwide with IndiaMART.com. For More Information please contact, Usually Turnkey Business Consultancy is indulged in offering full fledge services according to other latest customer’s need and demand.
Water Audit Services offer an opportunity for you to reduce your monthly water bill. A water audit is a free of charge services and totally unique within the industry. It provides value to your money because it save the water bill as well as indentifies any leakage due to that water will be saved. Now in every country there is problem of water hence today’s need is to be saving water. Water audit carry out an audit of your water usage at home or office free of charge and without obligation.
The Water Audit will include:
• A site visit, anywhere in the Garden Route.
• Report/quote outlining constructive steps that can be taken to save your water.
For any water conservation program to succeed, it is imperative that a recordkeeping system be established to monitor operation and maintenance costs, revenues and the use of water. The foundation of any recordkeeping system is water audit. A water audit is a detailed examination of where and how much water enters the system, and where and how much leaves it. At minimum, water audits should separate the total water demand into the following categories:
• Single family residential
• Multifamily residential
• Commercial/ domestic
• Public landscape irrigation, and
• Other water demand
Products Offered by water audit:
1. Rainwater harvesting.
2. Grey water systems (recycling of waste water).
3. Water tanks.
Estimating and reducing unaccounted-for water is a major objective of a water audit services. Unaccounted-for water includes distribution system losses through leaks, unmetered water delivered through fire hydrants, water taken illegally from distribution system, inoperative system controls, water used in flushing water mains or sewers, and meters out of calibration.
There are many ways to save water around the home and water audit services include such tips:
• Installing aerators on taps to reduce the water flow and prevent you from using as much.
• Looking out for water efficient appliances
• Use the dishwasher only when it is full
• Fix all leaking taps
• Don’t turn on the washing machine until you have a full load or make sure you adjust the setting to suit the load
These services helps to identify and assess current water uses and provide data needed to reduce water losses, reduce revenue losses, and forecast future demand. With these services, our water utility is better equipped to target conservation efforts and system improvements where they are most needed.
AUDIT: Brampton mayor billed 0K for limo service
The Toronto Star asked Fennell and her chief of staff Ian Newman a number of questions about why no reports detailing the car service's use were submitted for a recent forensic audit of the mayor's spending, such as what she uses the car service for … Read more on Hamilton Spectator
KPMG and EY win major listed company audits
KPMG AND EY have won out as the latest batch of major listed company audit tenders has been decided. FTSE 250-listed Pennon Group, which provides water and sewerage services, has chosen EY to run its £1m audit. Another £1.3m in non-audit and … Read more on Accountancy Age
Pflaum: State's county audit result of fraud
“County officials need to improve internal controls over employee time and attendance practices and payroll processing,” according to state Comptroller Thomas Dinapoli's audit on county payroll processing. “We found that the county overpaid $ 18,7243 to … Read more on The Register Star
Today all business, except few, is processed through electronically and their all information are stored and processed digitally. Their information is transmitted through internet. Every activity of business is depending on the proper usage of the Information technology. As all business is based on information technology, security is must for everyone today.
Security audits are usually used for the business information security in any organization. The auditing approach must be designed to cover all the aspects of security including people, processes and technology. Audits play an essential role in maintains the appropriate levels of security in your organization, but different types of audits are required for different situations. The auditor must have adequate knowledge about the company and the structure of the organization.
If security audit is implemented correctly, it reveals the weak points of the organization, its employees, and other areas. While auditing the auditor should investigate what security controls are in place and how they work? An information security audit is one of the best ways to decide the security of an organization’s information without sustain the cost and other associated damages of a security incident. Security audits evaluate an information system’s performance against a list of criteria.
Security audit involves everyone who uses any computer resources throughout the organization. Security audits provide tools to examine how secure a site really is. Computer security auditors perform their work though personal interview, examination of operating system settings, analysis of network shares, and historical data. They are concerned mainly with how securities are actually used. There are a number of key questions that security audits should ready to answer.
How difficult it is to crack the password?
Are the audit logs to record that accesses data?
How is your backup media stored? Who has access to the backup stored? Is it up-to-date?
These are just a few of the kind of questions that should be review in a security audit.
According to the president of the Internet Security Advisors Group, Ira Winkler; security audits, vulnerability assessments, and penetration testing are the three main types of security diagnostics. Each of the three groups takes a different approach and may be best suited for a particular objective and purpose. Security audits measure an information system’s performance against a list of criteria. A vulnerability assessment, involves a comprehensive study of an entire information system, seeking potential security weaknesses. Penetration testing is a covert operation, in which a security expert tries a number of attacks to ascertain whether or not a system could resist the same types of attacks from a wicked hacker.
When it comes to protecting your business and a security audit is important to ensure that it establishes a good strategy and business plan. The security of your business issues affects your customer relations. Many people would be discouraged from addressing a business that is not safe. They may feel that business or other personal information that may be affected you. Your business should be safe and secure from risks then only your business can gain people’s trust. Every business should use security audits in the present scenario. The security audits are used to measure security policy compliance and recommend solutions to deficiencies in compliance.
Experian Data Quality Launches Deliverability Audit Service to Increase Inbox …
BOSTON, MA — (Marketwired) — 08/20/14 — Experian Data Quality, a part of Experian Marketing Services and a leading provider of data quality software and services, today announced the launch of a new deliverability audit service. The offering … Read more on SYS-CON Media (press release)
Written by Jack Humphreville
LA WATCHDOG-Just imagine the egg on the faces of the members of our City Council if they had placed the $ 4.5 billion Street Tax on the November ballot after Controller Ron Galperin released his “scathing” audit on the Bureau of Street Services, “LA … Read more on City Watch
US Army Paid Too Much Upgrading Russian Copters: Audit
The Army Contracting Command has responded that it will seek to recoup $ 128,990 of $ 151,543 in what the audit called “excess fees” paid since 2010 to Columbia, Maryland-based Science and Engineering Services Inc. The remaining $ 22,553 in fees was … Read more on Bloomberg
Appian Achieves Several New Audit Reports Across Global Footprint
RESTON, VA–(Marketwired – Aug 13, 2014) – Appian, the market leader in modern business process management (BPM) and Case Management software, today announced that the Appian Cloud has received a Service Organization Controls (SOC) 2 Type 2 … Read more on Marketwired (press release)
I want to take a minute to talk about Las Vegas accounting services that you receive from your CPA. Las Vegas CPAs often provide what we call “compliance services” such as: financial statements that are required for banks or other lending institutions, or tax returns which, of course, our government requires. But the accounting services that really mean the most to clients are those that aren’t required, but that really add value to you and your life. Those services we call “value-added services”.
And so when you’re looking for a CPA and trying to decide how you’re going to employ someone to do those things that have to be done (those compliance services) also find out from them if they have an interest in, or a history of, providing these “value-added services”. These accounting services include: helping you plan for retirement, helping you look for ways out of your business, exit strategies, succession planning, those kinds of things, as well as how to take the money that you make in your business, in your life and retain it so that you can live the life that you like through your retirement years.
The important thing is to make sure that your accountant is offering you the services that are most important to you life. Keep this in mind the next time you meet with your CPA to discuss possible Las Vegas accounting services.
I’m a Las Vegas CPA who just came out of a meeting with a bunch of students. They were down at a recruiting visit down in Southern Utah. And one of the things we told them when they’re looking for an employer is to “find your fit”. And that is an absolutely important tip I can give to any business owner as well: When you’re looking for an advisor – your attorney, your insurance agent, your Las Vegas CPA – these are people you’re going to have to trust an awful lot with the personal details of your life and with the success of your business in some case, and so you need to take the time to interview people and see whether you relate to them, and whether it’s somebody that you can trust, someone you can get on the phone and talk to, and someone who shares your values.
Maybe they have a similar appetite for risk. You may not be as cutting edge as your CPA wants to be on taxes, and that may make you uncomfortable. Or, your CPA may be more conservative than you want to be. So it’s very important that you spend the time on this relationship at the front, because it’s much easier to spend it then, than to change CPAs every 2 or 3 years. So, “find your fit” when choosing a Las Vegas CPA.
One of the things that I love about talking with my business audit clients in Las Vegas is helping them to find their story. Everybody has a reason to do what they do. You didn’t start off one day and decide to start a Las Vegas grocery store. It was in your blood; your dad did it, your uncle did it, your mom did it, or you were a stock clerk and loved the business. Whatever it was, you’re passionate about whatever it is you chose to do, and I love find the root of that passion for my clients, and helping them re-discover what is was that made them love their job when they started before we help them with their business audit.
Often times, as businesses grow, they become harder to run. You have employees and levels of management and it’s a long way from you in the CEO suite down to the person, the little old lady that used to come by and buy produce from you (in my grocery example). So by helping clients identify what they’re passionate about, we can try to structure their business back to the activities that give them the most happiness. That’s an exciting thing that any business owner should keep in mind: “What are you passionate about?”. Try to find a way to do that in what you do every day. Your Las Vegas business should be more than finances, taxes, an audits – find your passion.
If you are interested in learning more about: http://www.sabcpa.com”;>Las Vegas Accounting Services, then visit the Stewart, Archibald and Barney site and learn more about this http://www.sabcpa.com”;>CPA Las Vegas now!
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City of Montrose announced its joining of Rocky Mountain E-Purchasing System, a BidNet e-procurement system that gives vendors instant access to Bids, RFP’s, Quotes and Amendments.
Powered by BidNets national e-procurement solution, the Rocky Mountain E-Purchasing System connects 1664 departments from 112 local government agencies and provides a bid notification system for vendors looking to do business with local governments. City of Montrose joined the Rocky Mountain E-Purchasing System on August 11th, providing its vendors with convenient access to bid information for City of Montrose as well as all other participating government agencies on the system. In addition to the Rocky Mountain E-Purchasing System, BidNets e-procurement solution manages purchasing groups and bid systems throughout the country providing over 950 organizations a purchasing and vendor management solution.
City of Montrose invites all local vendors to access its upcoming solicitations by joining the Rocky Mountain Bid System. Vendor benefits of registering on http://www.RockyMountainBidSystem.com include:
Water audit services are to provide leadership; planning, financial assistance, information, and education for the conservation and responsible development of water. We all know that seventy one percent of the Earth is water. Less than 1% of this is available fresh water for human consumption. How we manage this resource and maintain it for…Water Audits. Water audits analyze a facility’s water employ and identify ways to create it more efficient. An audit has been defined as an examination of records or financial accounts to check their accuracy. Water Audit Services analyze and validate water costs for organizations free of charge and without obligation. Expertise in water audits, water cost and waste water billing puts us in the best position to manage our cost reductions. They audit our current billing and secure saving from the water authorities to ensure that our water usage is both cost effective and efficient. Water Audit expertise’s also ensure that your water supplier is charging you correctly and appropriately, and wherever possible recover any incorrect charges levied. It may also highlight possible measures to reduce water consumption in the future.
Several water audit services are provided by experts and water audit teams which also offer home audit services to all water supply customers to help them and reduce their water usage. When a water auditor makes a home visit, he usually involves:
a walk around your house with you looking at all water using appliances
checks for leaks
fitting tap inserts to reduce flow rates of your taps
fitting a safe flush bag in large cistern sizes
Leaving you with an information leaflet and a shower timer to help you cut your time in the shower.
Water auditing services can include:
Meter standing charges
Water volumetric tariffs
Waste water charges
Trade effluent discharge rates
High water consumption issues
Carbon Media Services
Ion Exchange Resin Services
Mobile and Temporary Services
A sensitivity analysis to understand how effluent and water costs affect your home, business and other work place.
A review of all processes to identify opportunities for improvements and recycling of waste water.
To identify and rectify costly blockages some latest techniques, which is most helpful to auditing of leaking pipes:
Sewer Jetting Services
These services identify the hidden costs of water management for home, business, including energy, environmental, and potential cost savings. By using these services we can save gallon of water and can obtain more profit to reduce cost of water bill and protect environment.
Penrose Senior Care Auditors™ Announces PenroseCertified™ – The Pathway …
Become an independent PenroseCertified™ Senior Care Auditor and start your own business, set your own hours and fees while benefiting from proprietary online audit system and report center, operations materials, as well as substantial national and … Read more on MarketWatch
KPMG, Marcum Lead Pack in New Audit Clients for Q2
… after failing to abide by partner rotation rules, according to The Auditor Carousel blog. (See the full list in “Overall Engagement Leaders.”) Data for the quarterly rankings are provided by Audit Analytics, a premium online intelligence service … Read more on Accounting Today
Audit on sale of state buildings goes on proposed pile
Topeka's Auburn-Washburn USD 437 was selected for the division's mandated audit of a "large district," but it successfully appealed for a one-year extension because the district was already being audited by the federal Internal Revenue Service. The … Read more on Topeka Capital Journal
Court sets 'rules of the game' for SARS audit
A JUDGMENT by the Supreme Court of Appeal sets out the "rules of the game" for an audit by the South African Revenue Service (SARS) on a taxpayer, in terms of the new Tax Administration Act that came into effect two years ago. In the judgment delivered … Read more on BDlive
Gallatin pays 000 in back taxes after IRS audit
Gift cards for service awards and Christmas luncheon door prizes. The audit began in February after the city was flagged by the federal agency for the way it classified part-time employees in 2012. “The auditor came on site and went through our files … Read more on The Tennessean
Higher Visibility Named Best Website Audit Service in Canada by topseos …
topseos-canada.com has named Higher Visibility the best site audit firm in Canada for June 2014. Higher Visibility was selected due to their impressive performance in the original evaluation process. While there are thousands of services competing to … Read more on IT Business Net
Ernst & Young LLP announced today that Richard McAlonan, Jr. has joined the firm as Director of National Tax Transfer Pricing Controversy in Washington, DC, and will also act as the Americas Director of Advance Pricing Agreements (APAs) after serving as the Director of the IRS’s Advance Pricing and Mutual Agreement (APMA) Program.
As director of the recently formed APMA program, McAlonan led a team of 120 lawyers, economists, accountants and staff. He was tasked with integrating the APA program staff with the Tax Treaty IRS group, improving productivity and efficiency while maintaining the high standards and strong image of the APA and mutual agreement programs. During his tenure, the IRS significantly increased the number of APAs completed.
Dicks experience with the new APMA program will bring tremendous value to our clients as they consider the most appropriate opportunities for increased tax certainty, said Michael Mundaca, co-director of Ernst & Young LLPs National Tax Department.
Prior to joining the IRS, McAlonan spent two years as an Executive Director for Ernst & Young LLPs transfer pricing controversy practice, where he advised clients on transfer pricing controversy risk management and resolution (including audit dispute resolution) as well as APAs, competent authority procedures and tax treaties.
He has spoken at industry conferences and authored a series of articles comparing APA procedures in different countries.
McAlonan received his Master in Business Administration from Temple University and his Master of Science in Taxation from Pace University, where he graduated summa cum laude. He is licensed as a Certified Public Accountant in the District of Columbia and Pennsylvania.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
This news release has been issued by Ernst & Young LLP, member firm of EY serving clients in the US.
An audit is the procedure of gathering and assessing the facts by a capable independent individual with reference to quantifiable data of a particular financial establishment in order to verify and report upon the variations found between the information prepared and the recognized standards, if any. The application of this notion to the financial statements of the organization is referred to as financial auditing. GAAS stands for ‘Generally Accepted Auditing Standards’ and gives explanation of a list of formal and informal rules recognized as the basis for auditors to provide financial auditing services and getting their performance reviewed. These are comprised of laws, proclamations from professional or regulatory institutions, lawful verdicts in cases relating to auditors. Every country sets these principles for itself.
The report prepared by the auditors, popularly known as audit report, comprises of their views regarding statements, the outcome of their concern on internal controls and conclusions on the assessment of the information in relation to compliance with the established criteria. They are required to be devised as per the General Accepted Accounting Principles (GAAP).So, an auditor tests that whether the on the whole, the financial statements are presented according to the set GAAP. Auditors, also comprehend the efficiency existing internal controls in the entity and suggest measures, if required, for the improving the effectiveness of these internal controls. The auditors will carry out an analysis to establish conformity of financial statements with the rules and regulations .In addition, the auditors will discuss with the management on the subjects of the ways of preparation of accounting information and evaluate this information for reliability through management’s reactions in the discussions, statements which have been audited, and other facts obtained during the inspection of the financial statements.
For the owner of a business in UK, it is complicated and a lengthy process to get financial audit done through its own staff. It would also prove to be an expensive process as well as the owner would still be worried as employees of the business may not be specialized in this area. Thus, in today’s corporate scenario, most of the businesses engage the firms which are expert in rendering financial audit which include financial auditing services and wish good bye to the auditing troubles.
Author of this article is an internal auditor of a well-known entity and offers quality best financial auditing to that entity.
Every quality manager in addition to auditor is dependent upon a ISO audit checklist in order to track, monitor and confirm the success before, throughout and soon after certification.? The ISO audit checklist is additionally used as some sort of guide for both equally internal coupled with independent auditors for assessing the organization’s quality management system.? To recognise the kind of quality management checks you together with your small business have got to perform, listed here are factors commonly found in ISO 9001Internal Audit checklists:
Requirements for documentations
This part inside the ISO audit checklist specifics the required records and documents in addition to documentation methods an actual organization has to complete.? These include:
The ISO Quality Manual
Right here is the document that includes your policies in the company’s quality management system.? It describes the procedures, techniques, requirements along with justifications in case there are exclusions to the procedures.? It also details how an organization intends to control its records, conduct management reviews together with typically guarantee that quality management goals are satisfied.
The Quality Manual can come either as hard or possibly soft copy.
ISO Documented procedures
International Standards Organization has created the newest 2008 edition which overtakes the earlier version. ISO 9001:2008 vs. ISO 9001:2000 – new ISO 9000 requirements sets new guildlines that have to be put into practice. This is used to aid the internal auditor specify the required controls to determine, implement, approve coupled with review the actual processes involved in the system.
The control and also regulating records within a wonderful ISO-certified company is required in order to show evidence how the organization conforms to their set up processes.? This is an excellent important part among the audit given that it assists you to identify together with confirm that the Quality Management System continues to be efficient.
Another necessary component in the ISO audit checklist will be management responsibility.? This internal audit checklist is both some sort of declaration of the organization’s commitment and any kind of reference concerning their role within the implementation in the QMS.? It involves planning, consumer focus combined with internal combined with outside correspondence.? It also specifics the authority together with duty rules established by way of administration.
This part that belong to the ISO audit checklist refers to the personnel which will be active in the procedures necessary for fulfilling the prerequisites of an ISO industry-standard.? It sets the required criteria that your personnel must meet in order to be in a position to guarantee their competence in accomplishing the associated systems.
This part for the ISO audit checklist specifics the type of coaching, education, knowledge and skills required of each technician so they can complete the duties while maintaining product as well as service quality.
Product realization is any component that belong to the ISO audit checklist that points out the procedures needed so that you can produce the product or service.? This can be the critical component inside the checklist given it must match the standards detailed within the internal ISO quality manual.? When any kind of inconsistencies are discovered, it may be just cause for a declaration of non-compliance.
Measurement, analysis combined with improvement
Here is the part that belong to the ISO audit checklist where the internal organization shows proof the way they measure, monitor, analyze, correct as well as enhance their ISO processes.? This can be to indicate their conformity to the quality management system that is already into position.? The iso audit checklist will be able to determine their compliance through clear to see methods, for instance statistical techniques.
Audit shows legislative branch sat on 3.5 million nest egg at start of the …
The Legislative Audit Advisory Commission accepted an an audit for the 2012-13 fiscal year that showed the House, Senate and legislative service agencies sat on a $ 153.5 million reserve fund coming into the 2013-14 fiscal year. (Jan Murphy/Pennlive … Read more on Patriot-News
Audit: IRS Does Not 'Effectively Track' Computers That Are 'Recycled Or Donated'
The Internal Revenue Service (IRS) needs to improve its processes for disposing of unneeded computers, printers, and servers, according to a report publicly released today by the Treasury Inspector General for Tax Administration (TIGTA). TIGTA reviewed … Read more on The Weekly Standard (blog)
Jacksonville Fire and Rescue audit finds issues with drug logs, billing
The audit, which took place in March 2013, also revealed that hundreds of Emergency Medical Service transports were not billed by a third-party company tasked with handling the city's billing. Rescue Unit 22. The report found that of the 70,000 … Read more on WJXT Jacksonville