Key components of our service include

1. Internal controls to ensure compliance

2. How to setup and implement Audit grade documentation across all levels of your organization

3. Cloud based documentation

4. Virtual Audit & Certification (VAC) & Tech requirements for efficient VAC

5. Legal implications of non-compliance

6. Planning ahead for the next financial “pandemic” by

  • Building business credit, banking relationship, F/S, tax filings
  • Growing corporate reserves
  • Operational Agility



Service delivered – VAC Level – Virtual Audit & Certification

Audit Objective of VAC-I
  1. Specific to PPP forgiveness
    1. Get Signed Management Representations (ie the assertions)
    2. Get copy of their Form 2483 to confirm areas pf proposed expenditure
    3. Verify receipt of $ – date & amount
    4. Expense documentations within the date parameters 8 -weeks
    5. Prepare Use of PPP $ Line Item Report (summary & detail ledger)
    6. Get FTE count pre & post PPP
      1. Pre- see Form 2483
      2. Post – See 941, payroll registers etc
    7. Calculate Forgivable Amount
Vac Level II
  1. Internal Control Audit to assess financial data collection and reporting systems (MMG similar)
    1. Flow chart process (interviews and questionnaires)
    2. Narrative (same)
    3. Pain Point Assessments Interview – Management, Staff, C Level
    4. Findings
    5. Recommendations
    6. Virtual Workplace Security (Box Shield)
    7. Corrective Action Plan Report (list items client needs a CAP & give guidance on their response)
    8. 90 day follow-ups – every 90 days f/u with client to assess progress towards CAP implementation and recommendation implementation
Infrastructure
  1. we utilize state of the art top level encryption cloud based platform
    1. Cloud Based Workspace (Slack) – allows for data & doc sharing
    2. Cisco WebEx – integrated with Slack for communications

Now that you have learned a bit about our program, go ahead and take the next step by contacting us below. Be sure to include some information about your business, and we will get back to you before you know it.

We wish you and your family the best during these trying times. You’ve can do this!