Pre-Implementation Phase
- Perform Pre-award Surveys (i.e. Review Existing Governance, Administration, Finance, Performance Measurement and Human Resource Development Systems and Corporate Social Responsibility strategy) to determine if the intended recipient organization is capable of successfully managing, accounting for and reporting on the intended funds and program results.
- Strengthen the systems and controls of potential recipient organizations through policy and procedure development, as well as training the Financial Management, and Human Resources staff.
- Assist the organization to develop financial management systems that will enable it to meet or fulfil its obligations under an Indirect Cost Agreement or 10% de minimis election.
Risk Management & Internal Audit
- Perform organization-wide risk assessments.
- Assist the recipient in ensuring Governance and organizational effectiveness.
- Enterprise Risk Management (ERM) design and implementation and process and controls optimization.
- Offer outsourced internal audit services to help clients assess, remediate and improve control issues identified, while also assisting in identifying and managing risk across all areas of the business.
- Help organizations achieve cost efficiencies in their existing internal audit functions through a co-sourcing agreement.
- Capacity to bring thoughtful advice and a wide array of subject matter experience in complex areas related to NGOs globally, allowing clients to derive meaningful value from internal audit and other priority functions of the organization.
Implementation Phase
- Perform “health checks” on the accounts, organizational systems (Human Resources, Performance Measurement) and/or controls to ensure that the activities are meeting the needs of the donor and are compliant with any grant or agreement requirements.
- Assist the recipient to actually process or oversee the processing of transactions to ensure grant compliance.
- Perform all financial management and payment functions for the recipient to provide “comfort” for the donor that funds are being properly spent and safeguarded.
- Perform annual US GAGAS audits on behalf of the donor/foundation or recipient
- Implement Follow Up Reviews from Program/Project Audits
- Assist recipients to follow-up on audit recommendations
- Train recepient staff to understand and meet all financial, results--based Perfomance Measurement, Human Resources or compliance-related issues
Post-Implementation Phase
- Perform US GAGAS close-out audits for donor/foundation or recipient
- Calculate the organization’s/project’s Final Indirect Cost Rate (NICRA)
- Assist with the implementation of close-out mandatory recommendations
- Schedule of Expenditures of Federal Awards (SEFA) Preparation and Review
- Compilation engagements in terms of International Standards on Related Standards (ISRS) 4410.
- Independent review engagements in terms of the International Standard on Review Engagements (ISRE) 2400
How We Work
The Guiding Principles of our firms
This is how we have been able to build our global, but especially our African footprint. Please refer below for a snapshot of countries where our staff have provided professional services.
01
Solutions-driven, ethical stewardship of donor-funded projects and corporate assignments.
02
Service-oriented, client-centric approach – we don’t just hear, we listen.
03