The audit services governmental and nonprofits organizations need

Warren Averett provides audit services to governmental units and nonprofits receiving federal grants. Our auditors are charged with understanding and applying the most recent Yellow Book and other auditing standards, and are known for their responsiveness, dedication to detail, insightful management reports and ability to communicate findings in an understandable manner.

Firm professionals who serve our public sector clients possess the required knowledge and experience in:

  • Cash basis to GAAP conversion
  • Unique nonprofit reporting requirements
  • Joint costs and asset transfer accounting
  • Form 990 and tax compliance issues
  • OMB Circular A-133 Single Audit Act requirements and state reporting
  • Communications with boards of directors, elected officials and/or finance committees

An audit also serves as an opportunity to enhance and strengthen your organization’s internal control environment. During the course of an audit, we work with management to identify areas where internal controls can be strengthened with respect to federal programs under the COSO framework of internal controls.

Learn more about our full range of services and available resources for the public sector by visiting our Nonprofit Industry page.

Internal controls and information systems enhancements practice

At a time when business fraud has spurred increased regulations, the design, documentation and operation of controls is critical to ensuring the accuracy and timeliness of information used for financial reporting and management decision-making. Our Internal Controls and Information Systems Enhancement Practice provides services related to controls around the financial reporting process, including financial business processes and IT management controls.

Fraud detection and prevention

Through objective, thorough and confidential investigations, our litigation support team works closely with clients to identify and deter fraud. When fraud is suspected, prompt and effective investigations occur to determine the facts and preserve the relevant evidence. In addition, proactive fraud prevention and ethics plans are developed to strengthen the defenses against fraud and discourage unethical behavior.