Viewpoints
Knowledge shared and grown for the...
Goverment Community
At every level of New York State government, the pressure to do more with less has never been greater. From reducing costs, to attacking fraud, waste and abuse, accountability is at the forefront of both taxpayer and beneficiary thinking. Read or listen to what TBG partners and staff have to say about a wide variety of these issues, and share your observations and insights with your peers in this community.
The Who, How, What and Where of Risk Assessments
June Crawford
Tags: Accounting firm CPA firm Healthcare compliance
A properly conducted and comprehensive risk assessment will identify misunderstandings (“we thought we were doing it right”), innocent errors (“I forgot to sign my name to the note”), or any fraud or abuse the agency “should have known about”. Who needs to do a risk assessment? How do you begin? What needs to be done, and how do you fix problems? You’ll find answers to these questions, & MORE, in this Viewpoint.
What Does Your Board Need to Know and How Do You Communicate It to Them?
Paul Mayer
Tags: Accounting firm CPA firm Healthcare compliance
One of the biggest factors in an effective compliance program is transparency based upon a basic rule of thumb is that a compliant organization is a knowledgeable organization. Board involvement is key for a compliance program to be effective because an effective compliance program requires the understanding, leadership, and commitment of Senior Management and the Governing Body. Read, listen, share or discuss this Viewpoint that addresses how to get your board involved in regulatory compliance, and your role in communicating compliance issues to them.
Public Authorities: Are You Prepared for PARA?
Randy Shepard
Tags: Accounting firm CPA firm
There’s a new Act in town – the Public Authorities Reform Act of 2009 - and Public Authorities across New York State need to get ready for new governance, internal controls and financial reporting requirements. Randy Shepard, a Partner on our Government, Compliance and Labor Team discusses new compliance requirements for public authorities, and what they should be doing right now to mitigate the possibility of being sanctioned later.
Disclaimer: The Bonadio Group provides the information in Viewpoints for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in Viewpoints are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
ViewpointsThe Bonadio Group's dedicated team of experienced auditors and consultants serving the government sector have a deep and broad base of experience including annual financial statement audits, analyzing cost containment and savings opportunities, attacking Medicaid waste, & More. Click here to learn more. Follow us at: |
