Tribal Accounting Services

Tribal leaders face many challenges. In addition to improving the quality of life for tribal members and creating economic development so that tribal members can return to the reservation, theres the challenge of keeping up with federal guidelines for tribal funds. The quality of the Tribe’s financial management system can present problems for tribal leaders. Inaccurate or untimely financial information can result in inappropriate political decisions, poor cash flow, and problems with federal funding agencies. Unfortunately, many Tribal leaders have lost positions for failing to monitor or understand the Tribe’s financial position.
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Bring in the Experts

Our audit staff consists of Certified Public Accountants, Certified Fraud Examiners, Internal Control Specialists, Internal Auditors, and Information Technology Auditors. The staff assigned to your audit will have a unique combination of education and on-the-job training that enables them to provide solutions specifically tailored to your tribal organization.

In order to provide timely audits of the highest quality for tribal governments across the country, we have invested in state-of-the-art auditing tools such as CaseWare, an automated work paper and analytical review tool, and IDEA, an audit tool used for analyzing accounts payable, inventory, and other income statement and balance sheet accounts for unusual transactions.

The Tribal Accounting Solution™

The Tribal Accounting Solution™ is an integrated approach to assessing accounting and financial problems, evaluating operating systems and accounting packages, evaluating staff qualifications and training needs, and providing a plan and path for improved operational efficiency and financial reporting. The experts from JOSEPH EVE will assess the Tribe’s current financial management system, determine where the weaknesses or problems exist and offer a solution that may include:

  • Internal Control Development/Revisions
  • Chart of Accounts Revisions
  • Staffing Assessments
  • Custom Financial Reporting
  • Accounting Policies & Procedures
  • New Accounting Software
  • Staff Training
  • Monthly Accounting Services
  • Outsourced Accounting Services

Working with Tribal Officials for the Best Results

The Tribal Audit Solution™ requires direct contact with and participation of the elected officials of the Tribal Government. We will request that elected officials, in addition to government employees, attend the entrance and exit conferences. Our experience has shown that elected Tribal officials often do not understand the entire audit process or hear the whole story when employee jobs may be on the line. Employees do not have the same vested interest as the elected officials of the Tribe. Actively involving elected Tribal officials in the audit process provides a mechanism to improve tribal operations, report up-to-date audit progress and relay requests for information. This also helps ensure on-time completion of the audit by holding us accountable as well as employees of the Tribal Government.

Our Honest Assessment Helps You Solve Problems

At the audit exit conference we will be honest in our description of the problems uncovered in the audit process. Often, audit findings can be brushed over or sugar coated and do not give Tribal officials a true picture of the problems that exist. Along with our honest assessment, we offer you solutions such as The Tribal Accounting Solution™, which will provide your employees with the tools and training needed to run a top-notch tribal financial management system.

Other Ways We Can Help Your Government Succeed

In addition to auditing and accounting services, JOSEPH EVE provides Quality Assurance Reviews, Information Technology Planning and Implementation, Feasibility Studies, Compensation Studies, Policy and Procedure Manual Development, and Strategic Planning for tribal governments. Read about these services on our Tribal Consulting page.

For information on our training services, visit the Seminars page.

Audit Edge™

The Audit Edge™ from JOSEPH EVE provides Government Leaders with the information they need to make informed decisions. This is accomplished through:

  • Mandatory Entrance Conferences
  • Customized Audit Programs & Checklists
  • Detailed Audit Planning
  • Advanced Auditing Tools
  • Honest Evaluation
  • Integrated Solutions

At JOSEPH EVE, we believe that audits should carefully evaluate financial practices and identify inefficiencies and any problem areas in order to strengthen the administrative practices of governments and organizations. Our “member of the management team” approach means that we work with you to provide solutions that can be effectively and efficiently implemented. We see it as our job to help you maximize your potential for success.

Making a Difference for a Tribe in Trouble – A Case Study

A tribe contacted JOSEPH EVE in early 2004 with a desperate situation. The tribe had not had an audit since 1998, had been placed on high-risk status, and faced revision of its tribal programs by the Department of the Interior.

The tribe had until September 2006 to become compliant. They had worked with several other firms before contacting JOSEPH EVE, but none had the manpower or ability to learn the inner workings of the tribe’s organization.

We believe that audits should evaluate financial practices and identify inefficiencies and any problem areas in order to strengthen the business practices of casinos. Our “member of the management team” approach means that we work with you to provide solutions that can be effectively and efficiently implemented. We see it as our job to help you maximize your potential for success.

Have you ever heard your accounting people say “We had to train the auditors?” With the Casino Audit Edge™ from JOSEPH EVE, only specially trained staff with state-of-the-art gaming analytical/auditing tools will be assigned to your audit.

Our audit staff consists of Certified Public Accountants, Certified Fraud Examiners, Internal Control Specialists, Internal Auditors, and Information Technology Auditors. The staff assigned to your audit will have a unique combination of education and on-the-job training that enables them to provide solutions specifically tailored to your gaming operation.

In order to provide timely audits of the highest quality casinos across the country, we have invested in state-of-the-art auditing tools such as CaseWare, an automated work paper and analytical review tool, and IDEA, an audit tool used for analyzing accounts payable, inventory, and other income statement and balance sheet accounts for unusual transactions.