Honkamp Krueger & Co., P.C. is a member of the American Institute of Certified Public Accountants’ (AICPA) Governmental Audit Quality Center for CPA firms. The Center is a national community of CPA firms that demonstrate a commitment to governmental audit quality and raise awareness about the importance of governmental audits. The Center provides members with best practices, guidelines and tools CPAs need to perform quality governmental audits and better serve their clients.
Members of the Center demonstrate their commitment by voluntarily agreeing to adhere to Center membership requirements, including designating a partner responsible for the its governmental audit practice, establishing quality control programs, performing annual internal inspection procedures and making the firm’s peer review report findings publicly available.
As trusted advisors to government and not-for-profit organizations across the world, Honkamp Krueger offers progressive strategies to help address the range of challenges facing the public sector. We service hundreds of government agencies at the local, state and federal level, along with a wide variety of not-for-profits, from religious organizations and universities throughout the country, along with other not-for-profits such as the Universal Service Administrative Company located in Washington D.C.
Our firms’ professionals work closely with national and local governments to help raise service delivery efficiencies and revenues, while enhancing the quality of public services. As the economic downturn continues to further squeeze the public sector, Honkamp Krueger draws upon our extensive experience in both the private and public sectors to bring a “Best Possible Practices” perspective and offer creative ideas.
One constant at Honkamp Krueger has been our focus on the governmental environment. As a result, we are well qualified to provide services in this specialized arena, and all of our personnel are thoroughly familiar with auditing standards, federal accounting standards, cost accounting concepts and principles, and administrative requirements covering a wide variety of governmental assignments.
Our not-for-profit and government practice team members have completed hundreds of engagements for dozens of governmental clients encompassing a broad range of related services including, but not limited to the following:
- Financial and compliance audits of government contracts and grants
- Cost recovery consulting reviews
- Financial and operational management consulting
- Internal audit and IT audit co-sourcing and outsourcing
- Specialized quality assurance and advisory services
- Assessment compliance and risk management (statutory and regulatory compliance, risk assessment and remediation and internal controls/OMB Circular A-123)
- Business performance and process improvement reviews (stakeholder service effectiveness and organizational and operational effectiveness assessments)
- Technology risk initiatives (IT governance and technology risk management services and security, controls and data privacy)
Contact us today to learn more about our not-for-profit and government services.