- Community Action Agencies......
"The Age of Accountability"
In recent years, changes in state and federal laws and
regulations have affected the Community Action industry. With the arrival of
this "age of accountability," the actions of agency directors and
managers have become increasingly subject to close scrutiny by federal agencies,
the Inspector General, the General Accounting Office, Congress and the general
This period has also seen the implementation of several
initiatives which, over time, will enhance Community Action Agencies' fiscal
integrity and image.
The mandate is clear... agency directors and mangers must
develop, implement and maintain strong systems of both accounting and
administrative controls and financial management. These are to be capable of
producing reliable and meaningful financial information for management use and
auditable financial statements.
As never before, Community Action Agencies' financial managers
must do more with fewer resources, and must function in a more efficient,
effective and accountable manner.
Clausell & Associates is
a 100% minority owned firm. Our personnel can help your agency's
management succeed in meeting the demands of these changing times. Many
members of Clausell & Associates' staff are
experienced in not-for-profit accounting, auditing and financial
management consulting. We have experience in representing clients on
various matters involving federal audits and cost negotiations.
We can assist your financial management with the
|Financial Audits, Strategies, and Studies|
|Head Start Compliance Issues|
|Indirect Cost and Cost Allocation Plans|
|Corrective Action Plan and Assistance|
|Technical Assistance With Federal Laws and Regulations|
|System Design and Implementation|
|Financial Management System Reviews|
|Financial Management Consulting|
|Maximizing Use of Federal Funds|
|Head Start Budget Planning|
Financial Audits, Strategies and Studies
We perform audits for Community Action
Agencies. Our audits are conducted in accordance with the "Yellow
Book", AICPA standards and OMB Circular A-133. Our audit reports include
reports on internal control and compliance.
Other financial strategies and studies include maximizing and
improving cash management over various Community Action programs such as:
|Head Start, Pre-K, Extended Day Care|
|Community Services Block Grant|
|Commodities Food and Nutrition|
|Aging Programs (e.g., Title III, Title V, Community Care
|Other State & Federal Programs|
Indirect Cost and Cost Allocation Plans
We provide technical assistance in
evaluation and preparation of indirect cost and cost allocation plans.
Corrective Action Plans and Certification Procedures
We assist Community Action Agencies in
resolving issues arising from audits performed by grantors and other auditors.
Technical Assistance with Federal Laws and Regulations
We can provide the following:
|An assessment of current practices for conformity with
federal laws and regulations.|
|Technical and hands-on assistance in establishing new
policies, procedures, drafting processing forms, etc., to assure your
compliance with federal laws and regulations.|
System Design and Implementation
We have in-house capability to design
and implement financial management systems using accounting and financial
management software packages.
Financial Management Consulting
We provide a wide range of financial
management consulting services to Community Action Agencies. Services include:
|Cost Accounting (e.g. OMB A-110, A-133, and A-122, etc.)|
|Operational and Financial Management|
|Indirect Cost Rates|
|Development of Policies and Procedures|
|Tax Compliance Issues|
|Matching Compliance Issues|
Maximizing Use of Federal Funds
We can assist Community Action Agencies
in developing and implementing grant close-out procedures to maximize use of
federal and state funds including preparation of federal financial reports (e.g.
Federal Form 269, Federal Form 272, etc.)
For further information on how we can assist your agency,
please feel free to contact us
to discuss your present and future needs.
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