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Fiscal Monitoring
What We Do
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Assess internal controls
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Review financial management systems and reports
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Check expenditures for allowability
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Conduct audits and reviews (on-site or remote)
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Verify grant recipients have been audited (where applicable)
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Provide technical assistance
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Ensure grantee's timely resolution of findings
Fiscal Monitoring Reviews
vs. Financial Audits
Although fiscal monitoring reviews and financial audits have some overlap, they are distinctly different professions governed by largely distinct legal authorities. If you think of financial audits as trauma medicine, fiscal monitoring reviews are the preventative medicine you need to avoid them.
Learn more from CEO Maribeth Vander Weele in her article: How Auditors Get it Wrong on Risk Assessments.
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