To effectively manage an organization, decision-makers must have access to up-to-date, accurate, and insightful information. Within public sector organizations, finance teams typically bear the weighty responsibility for delivering reliable financial data and analysis.
Compliance management ensures that an organization's internal controls over financial reporting (ICFR) are working and provides reasonable assurance of financial statement accuracy.
An effective compliance management solution can help relieve the finance team of mundane tasks and allow them to focus on more high-value projects.
Where does your organization sit in relation to the "Internal Controls Maturity Model," and why should you care?
Understanding internal control components is essential for finance officers & is the first step in understanding the benefits Continuous Controls Monitoring CCMREAD MORE
Continuous Controls Monitoring (CCM or sometimes Continuous Monitoring) provides a massive benefit to management AND simplifies the annual audit process.READ MORE
Excellent Internal Controls are essential for efficiency, effectiveness & avoiding political scandal but traditional internal audit testing can't keep pace.READ MORE
CaseWare represents a huge improvement over our old reporting process. It allows us to be more efficient, eliminating the manual data entry and the opportunity for errors that come with manual processes. (read more...)
F.H. Black understands municipal accounting. There’s a tremendous knowledge base within the company and they use that knowledge to come up with strategic recommendations that really help us leverage the software to our best advantage. (read more...)
FH Black exceeded our expectations. From day 1, their project manager (Darryl Parker) made us believe we were his one and only client. With his deep knowledge in governmental accounting, he had a clear understanding of our practices and challenges. (read more...)
FHB had a comprehensive understanding of GASB requirements and the process needed to build a compliant report. FHB was able to provide great suggestions as to format as well as ensure we were able to keep the spirit of the report we provided previously. (read more...)
Now, our financial statement generation is almost completely automated. We import the data from our accounting software and make all the adjustments in CaseWare. It is much faster to work in CaseWare, easier to troubleshoot and create any on- the-fly reports we need. (read more...)
The bonus for us was their (FHB's) knowledge and understanding of the internal processes municipalities experience during year-end preparations and the audit. This meant that we didn’t need to spend time explaining how we operate. (read more...)