Implementing Accounting Controls and Standards for Government Operations
Government organizations should maintain a strong system of internal controls and accounting practices to safeguard programs while complying with regulatory requirements. Crowe Horwath LLP can assist governments in establishing policies and procedures that support oversight and accounting in conformity with U.S. generally accepted accounting principles and the standards of the Governmental Accounting Standards Board (GASB).
Our government specialists are experienced in administering public sector financial provisions and can assist with assessments of controls and processes to help you:
- Establish best practices for detection, prevention, and correction of accounting errors
- Institute methods and procedures to confirm the validity of financial statements
- Implement internal controls to protect programs from misappropriation of funds, fraud, and other risks
- Verify processes are in alignment with applicable regulatory requirements