MEET OUR CLIENTS
1.0 NAACP - National Voter Fund
Financial Statements Audit — National Association for the Advancement of Colored People – National Voter Fund is a non-profit and social welfare organization providing voter education and mobilization programs to people of color in the communities. We audited the financial statements and reviewed controls on the various voter programs. The audit report was issued in accordance with applicable standards. NAACP-National Voter Fund has been on our engagement list since 2002.
1.1 Institute for Behavioral Change and Research, Inc.
Financial Statements and A-133 Audits — Performed financial statements, Yellow Book and A-133 audits for the Institute for Behavioral Change and Research, Inc., a non-profit organization providing health related services to individuals and needy families in the District of Columbia (Washington, D.C.). The audits were performed in accordance with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards [ General Accountability Office's (GAO) Yellow Book ], and OMB Circular A-133. The audits also included tests of transactions relating to client's programs, assessment of controls and compliance with laws, regulations, contract agreement, and grant provisions. The reports were issued on the financial statements and under the GAS/A-133 Audit Guide that combine the reporting on compliance and internal controls. The organization has been on the firm's engagement list since 2002.
1.2 Psychiatric Center Chartered, Inc.
Financial Statements Audit — Performed annual financial statements audit for the Psychiatric Center Chartered, Inc. a for-profit organization providing mental health services to residents of the Washington , D.C. metropolitan area. The audit was conducted in accordance with Generally Accepted Auditing Standards (GAAS), the contract agreement and provisions. We performed review of the contract requirements and tested the accuracy of the program's expenses and contract revenue. We assessed the internal controls and compliance with applicable contract requirements. The audit report was issued in accordance with applicable standards.
1.3 Life Stride, Inc.
Financial Statements Audit — P erformed annual financial statements audit for Life Stride, Inc. a for-profit organization, providing community residential health care services to mentally ill adults with professional guidance and supervision in the Washington , D.C. metropolitan area. The audit was conducted in accordance with Generally Accepted Auditing Standards (GAAS), and the contract requirements. We reviewed contract requirements and tested the accuracy of the program's expenses and contract revenue. We assessed the internal controls and compliance with contract provisions. The audit report was issued in accordance with applicable standards.
1.4 All America Mortgage, Inc.
Financial Statements and A-133 Audits — Performed financial statements audit for All America Mortgage, Inc. All America Mortgage, Inc. is a mortgage company providing residential mortgage financing services through the Federal Housing Authority (FHA) to prospective home buyers. The audit was conducted in accordance with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAO's Yellow Book) issued by the Comptroller General of the United States of America, and the Consolidated Audit Guide for Audits of HUD Programs (The Guide) issued by the U.S. Department of Housing and Urban Development, Office of the Inspector General (OIG). The report was issued in accordance with Government Auditing Standards (GAS) and HUD's applicable standards. The reports and all information supporting the audited financial statements were submitted electronically, using HUD's Lender Assessment Sub-System (LASS) via the FHA Connection.
1.5 Accreditation Commission for Acupuncture and Oriental Medicine (ACAOM)
Compilation of Financial Statements — Performed financial statements compilation for ACAOM. The service involved compiling the annual financial statements from the information provided by the client in accordance with Statements on Standards for Accounting and Review Services (SSARS) issued by the American Institute of Certified Public Accountants.
1.6 Seat Pleasant Drug, Inc.
Compilation of Financial Statements — C ompiled and presented the annual financial statements from financial information provided by the client in accordance with Statements on Standards for Accounting and Review Services (SSARS) issued by the American Institute of Certified Public Accountants.
Other Complimentary Audit and Consulting Services
1.7 U.S. Department of Housing and Urban Development (A ssistance with Financial Statements preparation)
Performed a review of Performance Accountability Report (PAR) under Ofori & Associates, PC, for the U.S. Department of Housing and Urban Development (HUD). The review involved analysis of HUD's annual financial statements and accompanying notes for compliance and presentation. Prepared analysis of balance sheet and statement of changes in net position. Assessed HUD's reporting and disclosures compliance, using the Certificate of Excellence in Accountability Report's (CEAR) Guidelines and the requirements of OMB Circular A-136 (Financial Reporting Requirements for Federal Financial and Reporting Standards). CEAR program guidelines are prescribed by the Association of Government Accountants (AGA), and are updated to reflect any updates presented in OMB Circular A-136 (revised July 2006). Identified Best Practices by reviewing prior fiscal year program awardees' financial statements and disclosures. Determined HUD's progress with respect to implementation of prior year recommendations on financial statements preparation. The general purpose of AGA's CEAR Program is to improve financial and program accountability through effective, integrated and user-friendly performance and accountability reports. Standard setting bodies [i.e., Office of Management and Budget (OMB), General Accounting Office (GAO), the Congress and other Federal Regulations] recognize the CEAR award as evidence of a comprehensive presentation of an agency's programmatic and financial results.
1.8 U.S. Department of Health and Human Services, Centers for Medicare and Medicaid Services
Performed Chief Financial Officer's ( CFO) Act audit under the requirements of OMB Circular 93-06 for Department of Health and Human Services (DHHS), Centers for Medicare and Medicaid Services (CMS). T he audit was performed under Sakyi & Associates, PC, as a sub-contractor to Ernst & Young, LLP. This engagement consisted of a review of Medicare Service Provider's (MSP) financial information for claims and reimbursements for Medicare beneficiary service costs. It included identifying and collecting overpayments to providers, and collection of Medicare Secondary Payor Receivables. Reviewed Medicare Final Settlement Determination, Prepayment and Post-payment activities, and Liability (Subrogation) Case Recoveries.
1.9 U.S. Agency for International Development (USAID)
P erformed grants audit under Benjamin & Associates for the USAID. USAID provided approximately $7.5 millions to grantee organizations under various assistance programs for developing countries in Africa and Central America . The audit also included assessment of controls and compliance with the requirements governing types of services and costs allowed and unallowed, and requirements governing claims for advances and reimbursements.
1.10 U.S. Small Business Administration (SBA)
Performed a Loan Sale Closeout Review for the SBA. The engagement was p erformed under Sakyi & Associates, PC.
1.11 District of Columbia Department of Mental Health and Human Services
Reviewed grant agreement for the D.C. Department of Mental Health and Human Services under Sakyi & Associates, PC. The review was conducted in compliance with grant agreement and requirements. The engagement also included a review of invoices submitted by the grantee for payment on cost reimbursement basis.
1.12 Morgan State University , Baltimore
Performed review of Title III Program for Morgan State University under Benjamin & Associates. Morgan State University receives grants and financial assistance from the U. S. Department of Education Title III program for academic support and education programs enhancement. Also performed evaluation of the programs and the related budgets. The review was conducted in accordance with OMB Circular A-133, and the report was prepared to satisfy the applicable standards and requirements. The dollar size of this project was approximately $25 millions.
1.13 The New School for Enterprise and Development Public Charter School
Performed financial statements and Yellow Book audits for The New School for Enterprise and Development Public Charter School, a public, non-profit institute operating exclusively for charitable and educational purposes under Section 501(c)(3) of the Internal Revenue Code of 1986 under Benjamin & Associates. The audits were conducted in accordance with Generally Accepted Auditing Standards, GAO's Yellow Book Standards, and the provisions of OMB Circular A-133 entitled Audits of Institutions of Higher Learning and Non-profit organizations.
• Association of Gerontology and Human Development (AGHD)
Performed financial statements and Yellow Book audits for AGHD under Benjamin & Associates . The audits were conducted in accordance with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAS) issued by the Comptroller General of the United States , and provisions of the Office of Management and Budget (OMB) Circular A-133 entitled Audits of Institutions of Higher Learning and Non-profit organizations.
1.15 MCI WorldCom
Performed Recovery Audits for MCI WorldCom. The audit resulted in the recovery of $1.7 millions in duplicate payments and overpayments to vendors and state tax agencies. Our accomplishment on this project resulted in a complete overhaul of the organization's payment system. The audit was performed as a staff at MCI Worldcom.
1.16 Greater Washington Urban League (GWUL)
Performed financial statements and A-133 audits for Greater Washington Urban League as a consultant at Samlin Consulting, a sub-contractor to Thompson, Cobb, Bazilio & Associates (TCBA), PC. The audits were performed in accordance with Generally Accepted Auditing Standards (GAAS), Government Auditing Standards (GAO's Yellow Book). The audits included test of transactions relating to GWUL's programs, assessment of controls, and compliance with laws, and regulations. The reports were issued on the financial statements under the GAS/A-133 Audit Guide that combine the reporting on compliance and internal controls.
1.17 Metropolitan Washington Airports Authority
1.17.1 Construction Change Order Audit— Performed Change Order audit of construction projects of the Metropolitan Washington Airports Authority. The audit included review of progress payments relative to associated change orders and review of contract terms to determine that change orders were proper and that payments were in accordance with contracting terms. Total value of change orders reviewed was in excess of $200,000,000.
1.17.2 Sole Source Contracting— Performed audit of sole source contracting to determine that sole source contracts were awarded in accordance with Metropolitan Washington Airports Authority sole source policies and procedures. Total value of contracts reviewed was in excess of $3,000,000.
1.17.3 Locally Disadvantaged Business Enterprise (LDBE)— The audit of the LDBE program included a review of the LDBE certification process, contract allocation process to LDBE subcontractors, prime contractors' payment records, and contract monitoring process. Total value of contracts reviewed was in excess of $15,000,000.
1.17.4 Disadvantaged Business Enterprise (DBE)— Performed audit of the Disadvantaged Business Enterprise. Total amount of contracts reviewed was in excess of $7,500,000.
1.17.5 Construction Progress Payments— Performed audit of the Construction Progress Payments to determine that progress payments were in accordance with contract terms, payments were accurate, change orders were properly segregated, and that supporting documentation was adequate for the payment being requested by the contractor. Total value of contracts reviewed was over $52,000,000.
1.17.6 Full & Open Competition— The Full and Open Competition audit was performed to ensure that Authority's contracting policies and procedures relative to full and open competition were adhered to. The total value of contracts reviewed was over $75,000,000.
1.18 City of Richmond
Parking Garage Audit— Performed Parking Garage audit of the City of Richmond under the City's parking garage agreement with Marriott Hotel. The audit involved review of financial transactions underlying the Parking Fees Agreement between the City of Richmond , the Richmond Redevelopment and Housing Authority (RRHA), the Broad Street Community Development Authority (CDA), Standards Parking, and the Richmond Marriott. The audit also included review of over nineteen separate agreements and amendments related to the Parking Fees arrangement between the parties. The audit was conducted in accordance with the Government Accountability Office's Government Auditing Standards in response to issues raised by the City of Richmond pertaining to the certification of the reimbursement payments made through RRHA by parties to the Parking Fees Agreement. Total parking revenues reviewed was in excess of $1,700,000.
1.19 Loudoun County Audit
Performed control assessment and review of the budgetary, encumbrance, and payment processes of Loudoun County and the Loudoun County Public Schools . The process involved understanding of the budgetary and encumbrance process for both the County and the School system. Total value of items tested was in excess of $60,000,000.
1.20 District of Columbia
Reviewed District of Columbia Public Schools personnel pool to determine accurate count of personnel in the payroll system. Also reviewed the D.C. Department of Mental Health's effort to award management contract to an Administrative Service Organization to manage its mental health program.
1.21 Virginia Department of Transportation
1.21.1 Dulles Toll Road — Performed annual audits of the Dulles Toll Road for the Virginia Department of Transportation (VDOT). The purpose of the audits was to ensure that cash receipts are properly accounted for and that security, as well as financial controls were adequate to ensure that VDOT assets are properly safeguarded.
1.21.2 Change Order Survey/Review — Performed an in-depth review of the Change Order process at the agency. The purpose of the survey was to gain understanding of current VDOT practices related to the Change Order process, and to develop a flowchart as well as written assessment of the process, identify key controls, control weaknesses, and develop an audit program that is universal in nature for use in all the different regions of the agency.
1.21.3 Construction Audit — Performed construction audits for the Virginia Department of Transportations to include the Salem Route 460 audit, Staunton Route 760 audit, and the Bristol audit.
1.21.4 Administrative, Investigative and program audits — Performed program audits; Investigate allegations related to the Governor's Fraud Waste and Abuse Hotline; assisted VDOT management in other management reviews and assisted or conducted presentations on Internal Controls.
1.21.5 Government Accounting Standard Board Number 34 (GASB No. 34)— Provided support to operating departments in the understanding and implementation of GASB No. 34. The GASB Statement establishes new requirements for the annual financial reports of state and local governments. The primary purpose was to make the reports easier to understand and more useful to legislators, investors, oversight bodies, creditors and the general public. Supports provided included training, planning, and review of management's proposed plan for implementation.
1.22 Commonwealth of Virginia
1.22.1 Department of Transportation— Performed best practice review of the Department of Transportation under the auspices of the Virginia Department of State Internal Auditors. The purpose of the review was to determine best practice processes that can be integrated into the agency to help management provide world-class service to the citizens of Virginia . The review resulted in more than $133 million dollars in cost savings to the agency. Also helped to monitor the progress and identify pitfalls in eVA ( Virginia web-based purchasing system). Experience in consulting, analysis of controls and processes and ability to identify efficiencies and benchmarking were necessary for successful completion of these projects.
1.22.2 Department of Medical Assistance Services —Identified control weaknesses, review controls and processes, benchmark identified processes, identify cost savings, and recommend alternatives where necessary. The Department of Medical Assistance Services has over one billion dollars in annual budget. The review process resulted in re-organization and refocusing of the agency to better deliver services to the Commonwealth of Virginia .
1.22.3 Department of Social Services— Identified control weaknesses, review controls and processes, benchmark identified processes, identified cost savings, and recommend alternatives where necessary. The Department of Social Services has over a billion dollars of annual budget. The review process resulted in re-organization and refocusing of the agency to better deliver services to the Commonwealth of Virginia .
1.22.4 Virginia Tourism Authority —Identified control weaknesses, review controls and processes, benchmark identified processes, identified cost savings, and recommend alternatives where necessary. The review process resulted in re-organization and refocusing of the agency to better deliver services to the Commonwealth of Virginia .
1.22.5 Department of Education— Identified control weaknesses, review controls and processes, benchmark identified processes, identified cost savings, and recommend alternatives where necessary. The review process resulted in re-organization and re-engineering of the agency's processes to better deliver program services to the Commonwealth of Virginia .
1.22.6 Department of Corrections —Identified control weaknesses, review controls and processes, benchmark identified processes, identified cost savings, and recommend alternatives where necessary. The review process resulted in re-organization and refocusing of the agency to better deliver services to the Commonwealth of Virginia .
1.22.7 Virginia Agency Audits— Performed audit of the Department of Minority Business Enterprise and other small state agencies with no internal audit staff. The purpose of the audits was to ensure that small agencies met their control objectives to adequately safeguard state assets. Some of the audits performed included audit of the Virginia Ports Authority, Virginia State Board of Elections, and the Minority Business Enterprise.
1.22.8 Fraud Waste and Abuse Investigations —Investigated several allegations brought under the Governor's Fraud Waste and Abuse Hotline when such allegation involved agency's top management.
1.23 Norfolk Southern Corporation
1.23.1 Lamberts Points Dock — Performed annual audit of the Lamberts Points Dock, a 100% owned subsidiary of Norfolk Southern Corporation with annual income of over $40,000,000. The audits identified several opportunities for improvement with recommendations that were accepted and implemented by management.
1.23.2 Pocahontas Land and Pocahontas Development Corporation — Performed annual audit of the two wholly owned subsidiaries of Norfolk Southern Corporation, Pocahontas Land Corporation and Pocahontas Development Corporation with combined net income of over $60,000,000. During this period, the audit team identified several control weaknesses and provided recommendations, which were accepted and implemented by management.
1.23.3 Operational Audits— Performed operational audits of various Norfolk Southern Divisions including the Kentucky Division, the Tennessee Division, and the Alabama Division. Audits were performed to enhance operational efficiency. Hence, knowledge of best management practice was required for this audit.
1.23.4 Due Diligence Review— Involved in t he due diligent review by Norfolk Southern Internal Audit after the acquisition of Conrail by both CSX Railroad and Norfolk Southern Corporation.
1.23.5 Financial and Information Systems Audits — Performed several financial audits including payroll, capital assets, and Treasury functions of Norfolk Southern Corporation. Assisted the Information Systems group within the Internal Audit Department in their audit of the organization's information systems to identify security issues and opportunities for improvement. Also assisted the company's external auditors in their annual audit of the company's financial statements including that of American Van Lines, a wholly owned subsidiary of Norfolk Southern Corporation.
1.23.6 Capital Accounting — Performed monthly, quarterly, and annual reconciliations of asset accounts and capital inventory tracking of Norfolk Southern's Capital Accounting Department. Also tracked work in progress of capital assets up to the point of capitalization including land, and other asset sales and asset retirements to ensure proper recording and to maximum tax benefits.
1.23.7 Taxation — Assisted the Tax Department in the preparation of federal, state and local corporate taxes for unconsolidated subsidiaries of Norfolk Southern Corporation. Also prepared various tax adjustments for installment payments for tax return purposes, computation of deferred income taxes in conformity with FASB Statement Number 96 (Accounting for Income Taxes), and analysis of relevant book entries to determine tax implications.
Other Complimentary Information Systems / Technology Review
1.24 U.S. Department of Health and Human Services
1.24.1 GAO's FISCAM Audit— Performed information systems review using Government Accountability Office's (GAO's) Federal Information System Controls Audit Manual (FISCAM). The review was performed under Sakyi & Associates, PC, as a sub-contractor to Clifton Gunderson, LLP. The review was part of CFO Act audit for Medicare and Medicaid program information systems review. Also performed a review of general and application controls, system security, back-up and recovery plans, service continuity, and separation of duties. Reviewed policies, procedures and documentation on application change control of the third party provider (Blue Cross Blue Shield).
1.24.2 SAS 70 Review— Performed SAS 70 review of provider's systems under Sakyi & Associates, PC, as a sub-contractor to Clifton Gunderson, LLP. Reviewed general and application controls, systems security, access controls, and separation of duties. The examination included a review of policies and procedures placed in operation and a test of operating effectiveness. Performed a review of security controls to protect both stored records and Electronic Data Interchange (EDI) transactions. Reviewed system documentation on application change control of the third party provider (Mutual of Omaha Insurance Company).These examinations were performed in accordance with Statement on Auditing Standards (SAS) Number 70, Reports on the processing of transactions by service organizations, AU Section 324 , as well as standards established by the American Institute of Public Accountants.
1.24.3 OMB A-127 Financial Management Systems Audit— Performed information systems audit using the guidelines of OMB A-127, Financial Management Systems (FMS). The audit was performed under Sakyi & Associates, PC, as a sub-contractor to Clifton Gunderson, LLP. The audit also included r eview of Core Accounting Systems of DHHS for compliance with the Joint Financial Management Improvement Program (JFMIP) core financial systems requirements. Tested general ledger controls, fund management controls, accounts payable controls, general and application controls, program change controls, administrative controls, and security controls.
1.24.4 OMB 123 Internal Control Assessment— Performed testing of IT general controls, application controls, and compensating controls, using OMB Circular A-123, Appendix-A (Internal Control Assessment). The audit was p erformed under Sakyi & Associates, PC, as a sub-contractor to Clifton Gunderson, LLP. Identified and tested significant business process controls including financial reporting system, receivables and payables management, costs and payroll management. The approach for testing key controls was through Inquiry, inspection, observation, and re-performance. Identified deficiencies, prepared a comprehensive report on the overall assessment of the organization's internal controls, and made recommendations to management for use in reporting on internal controls over financial reporting.
1.25 MCI WorldCom
Reviewed IT policies, standards, controls, disaster recovery plan, and business continuity processes. Also reviewed systems development, acquisition and maintenance—performed r eview of requirements definition, process re-engineering, system security, and data warehousing. The review was performed as a staff at MCI WorldCom.
1.26 Tax & Accounting Services
1.26.1 District of Columbia Community Development Profit Center — Organized tax seminars through District of Columbia Community Development Profit Centers. Seminars are provided on an annual basis to educate the community on their civic responsibilities, the benefits of filing, and the consequences of not filing
1.26.2 Accounting, Taxation, Management, and Consulting— Provided Accounting, Taxation & Management Advisory consulting services to various clients in the D.C. metropolitan area. Prepared federal, state and local tax returns for businesses and individuals, not-for-profit organizations, estate and fiduciary returns. Researched and resolved complex tax issues for clients, corporate, individuals, and partnerships. Also assisted clients with strategic year-round tax planning and implementation. Advised clients' management regarding effects of taxation on business activities and strategies for minimizing tax liabilities. Helped clients to comply with periodic estimated tax payment, information reporting, and other taxing authority requirements.
1.26.3 Internal Revenue Service Representation— p rovided representation to clients with tax issues with the Internal Revenue Service (IRS) as well as clients with administrative hearings.
1.26.4 Accounting System and Internal Controls— Analyzed contractors' accounting systems and internal controls to determine adequacy of accumulated costs in accordance with government contracting requirements. Reviewed contractors' labor rates and system of allocation for adequacy of labor costs, and compliance with labor policies and procedures.