GOVERNMENT AND PUBLIC SECTOR
In addition to our core financial and compliance audits practice, WatsonRice has established a federal, state and local government practice which provides a wide range of accounting and audit services to the government sector :
Accounting services, e.g., reconciling accounts payable, accounts receivable, and general ledger accounts
Assistance in preparing monthly, quarterly and annual financial statements
Internal control and security control reviews
Operational reviews and performance audits of programs, agencies, and activities
Contract/grant audits including pre-award, interim, and close-out
Cash management reviews and travel voucher audits
Systems audits in accordance with OMB Circulars A-123, A-127 and A-130
Best practices analyses and e-commerce process reviews
Systems, procurement, and audit training
Development of financial policies and procedures
We have a comprehensive understanding of the economics, operations and trends affecting government entities, and we devote significant time to training and research activities.
Our professionals are well-versed in the special needs of governmental agencies and their relationships with similar organizations and the private sector. We will work with you to manage the details, priorities and issues of your work.