Auditing and Oversight

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Navigating Regulatory Changes and Audits

Do you need an external regulatory compliance and auditing department?

Our consultants can fill that role. We keep tabs on pending regulatory changes and can assist your organization in deftly responding to and interpreting those changes. We also provide guidance to clients responding to federal and state inquiries.

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Your Guide to Navigating Compliance Challenges

MOCK AUDITS

Do you want to determine how your organization measures up with respect to federal or state rules and potential government audits? We can help. Consultants can perform audits using government agencies’ methodology. The result is a report card or findings summary that distinguishes between actual non-compliance with regulatory requirements and simple inefficiency.

With our experience in handling multiple federal and state audits and mock audits annually, our consultants can readily identify trends and successful audit methods. Historically, basic audit methodology consisted of examining random samples in order to demonstrate how an organization is performing. However, current trends have shifted toward identifying inconsistencies within your process to determine if issues are systemic. During case review, our auditors can take a deep dive into the case and determine the causes. What failed in the process? Was the issue isolated or systemic? Was this identified and corrected?

  •  Universe integrity audits
  • Mock operations audits through deep dive case reviews
  • Compliance program effectiveness audits
  • Validating and closing corrective actions
GOVERNMENT AUDITS

Have you received a federal or state audit notice? Call us and we can help prepare your team. From generating accurate reports or universes to preparing cases for review, we’re here for you.

Because our consultants are regularly involved in government audits, we can leverage that experience to help you and your team navigate through the entire audit process: from cursory reviews of reports and requested documents to ensure accuracy, to completion of impact analyses.

  • Project management to ensure timely audit deliverables
  • Serving as reviewers to ensure all submissions are accurate
  • Department training and coaching on auditing
  • Assistance with generating accurate impact analyses
CORRECTIVE ACTIONS

Do you need support in correcting identified non-compliance issues? We’ve got you covered. We can work with your team in identifying the root causes of problems, creating short and long-term corrections, and even performing validations to ensure issues have been corrected. In certain cases, we can serve as Independent Auditors (IAs) and report results to government agencies.

  • Assist in completing root cause assessments and corrective action steps
  • Monitor progress to ensure timely completion
  • Perform validation audits to close action plans
  • Serve as Independent Auditors to test identified conditions