Tribal Casinos Audit Preparation Services
Regulations require that tribal casinos have an annual financial and compliance audit by an independent auditor. This audit must be filed timely with the National Indian Gaming Commission. Failure to provide these audits can result in severe penalties. Our firm does not provide independent audit services, but we can assist you in preparing for the audit. By enlisting our services early in the process, we can help your prepare accurate schedules and reconciliations to provide to the auditors plus facilitate your ability to meet the filing deadline.
Your accounting staff is busy just performing the daily tasks. If the employees do not have time to prepare the financial records for the independent auditors, let Finley & Cook aid you in your preparation.
A partial list of the services we can provide are:
- Bank Account Reconciliation
- General Ledger Reconciliations
- Balance Sheet Reconciliations
- Year End Accruals
- Fixed Asset Schedules and Depreciation
- Download Accounting Data and Prepare Detail Schedules for Auditors
- Draft Financial Statements and Footnotes
- Draft Managements’ Discussion and Analysis
- Draft Responses to Audit Findings
- Update Policy and Procedure Manuals
- Update Internal Control Procedure Documentation
- Inventory Count and Control Coordination
- Independent Auditor Coordination
- Tax Issue Assistance
- Loan Covenant Reporting
- Technical Calculations
- Specialized Reporting
Benefits
- Audit Preparation Does Not Impact Staff Time
- Audit Preparation Is Thorough and Accurate
- Assists in Containing Audit Costs
- Professional Assistance with Complex Issues
- Filing Deadlines Met
- Cost Effective Business Solution
