Federal Governmental Agencies Face Formidable and Emerging Challenges
Global trends and the economic recession are creating a range of issues for federal governmental agencies: to maintain service levels amid falling revenue, while developing solutions to address new challenges. In addition, public scrutiny over governmental programs is forcing officials to increase transparency and accountability while honing their communication efforts to maintain public support.
Crowe Horwath LLP offers your agency a unique combination of experience, functional knowledge, and technology expertise. Crowe has more than 40 years of public sector experience, and has a proven track record of formulating effective solutions and delivering and implementing high impact recommendations for federal agencies.
In addition, our cross functional skills and experience with a range of industries bring a comprehensive perspective to every engagement. Perhaps most important, our collaborative approach includes Crowe’s senior thought leaders, giving you direct access to their industry-specific experience, knowledge, and insight. Crowe helps federal governmental agencies:
- Investigate and verify the appropriate use of funds;
- Improve efficiency and effectiveness in public agencies;
- Design, develop, and implement effective monitoring and reporting processes;
- Establish systems and procedures to provide accountability and transparency;
- Monitor compliance and enforcement;
- Develop and implement risk-based audit priorities and reporting systems; and
- Provide accurate valuation and verification of claims.
Crowe has proven itself to be an objective, independent, and reliable partner in its work with federal agencies. The following examples demonstrate the breadth of Crowe’s expertise:
United Nations Compensation Commission. Crowe worked with the United Nations Compensation Commission (UNCC) to evaluate damage claims from Iraq’s invasion of Kuwait and help confirm that the effort was conducted in accordance with International Standards on Auditing.
Pension Benefit Guaranty Corporation. For more than eight years, Crowe has worked with the Pension Benefit Guaranty Corporation (PBGC) to develop and apply agreed-upon procedures (AUPs) for their premium compliance evaluation program, confirming that the underwriting premiums for participating pension plans are assessed accurately.
U.S. Department of Defense. Crowe reviewed issues for the U.S. Department of Defense (DOD), related to settlements between the U.S. Army and other parties over reconstruction costs from the Development Fund for Iraq (DFI).Our findings were presented to the International Advisory and Monitoring Board in Paris.
North American Electric Reliability Corporation. Working closely with audit supervisory personnel of the North American Electric Reliability Corporation (NERC), Crowe consultants assisted management in developing relevant procedures to assist in the NERC’s determination of compliance with their established requirements.