Importance of Documentation

Did you know that documentation will be the key to a successful audit? Do you have a plan? Time record keeping and proper allocations are the most reviewed area in an audit and the most costly. You must have knowledge and a proper internal control system to ensure the...

How to Implement Effective Time Studies

Are you familiar with Appendix L of the CFR Manual? This appendix provides instructions on completion of time studies if an employee works in more than one program. The key to effective time studies is to have a clear job description that summarizes the duties into...

How to Create an Effective Job Description

Do you know you must have a job description to support the CFR PTC codes? The description must identify and spell out the responsibilities of a specific job and the programs they work.  Job descriptions also include information about knowledge and skills needed, and...

Importance of Internal Control Manuals

Do you know when you are audited by a government agency they will ask to review your Internal Control Manual? Having an effective internal control manual will not only mitigate Fraud but will help efficiency in operations, reliability of financial reporting and...