Industries

Risk Assessments, Compliance and Monitoring

Reznick Group provides risk assessments, compliance and monitoring support for large-scale and state and local government programs.  We offer processes that help government organizations manage risk, ensure compliance with government regulations, and deliver accountability and transparency for its citizens.

Services

• Fraud, waste and abuse prevention and detection
• Development of risk management criteria and risk assessments
• Internal audit / A-123 / SOX 404
• Quality control and quality assurance
• Compliance with federal, state, and local legal regulations
• GASB implementation
• Comprehensive annual financial reports (CAFR) assistance

American Recovery and Reinvestment Act Services

The American Recovery and Reinvestment Act of 2009 (ARRA) requires unprecedented reporting, oversight, and accountability compliance at all levels of government. As a result, the requirements associated with managing a complex program of this nature are putting a major strain on many federal, state, and local agency resources.

Services for ARRA fund monitoring, oversight, accountability, and transparency

Reznick Group has experience assisting federal and state agencies and OIGs in addressing complex rules and regulations, financial reporting, and other requirements. We can provide state agencies with solutions to facilitate oversight, reporting, and project management of ARRA funds, including the development of:

• Strategies for monitoring, tracking, and accounting for funds associated with ARRA
• Programs for monitoring risk and mitigation of fraud, waste, and abuse
• Methods for processing applications quickly and preventing improper payments
• Processes for meeting federal reporting and transparency requirements
• Procedures to ensure compliance with ARRA program regulations, federal and state laws
• Regulations and local policies
• Processes for the distribution of billions in federal funding in full compliance with federal, state, and local policies