CFO Act of 1990 Compliance Assistance

A key business entity of a large government finance organization received a qualified opinion on their year end Financial Statement Review due to non-compliance with key provisions of the Chief Financial Officers Act (CFO Act) of 1990. The organization fell out of compliance due to changes within budgetary constraints, the lack of qualified staff, and outdated financial tracking methods.

Services Provided
• Performance Management/Improvement
• Sustainment & Remediation
• Business Process Optimization

Results Delivered
MorganFranklin was able to effectively step into the organization with tenured Certified Public Accountants (CPA), advanced degrees, and highly experienced individuals to take over the transaction processing and reconciliation, reporting requirements, cleanup of historical issues, standard operating procedure development, and audit deliverables. As a result of our efforts, the organization received a clean opinion on their 2016 Financial Statement Review.

2019-03-21T21:54:25+00:00July 13th, 2017|Case Studies, Case Studies - Government|