Compliance Assurance Services
The internal audit process can often be entangled in politics. Although many casinos have developed in-house internal audit departments, many tribes have found that it is beneficial to outsource this function. At JOSEPH EVE we have staff dedicated to conducting internal audits and providing training and other assistance to internal audit departments. Regardless of whether you need to meet the MICS for internal audit, establish an internal audit department, design and implement internal controls in connection with the Sarbanes Oxley Act of 2002, train new auditors, or develop/test an internal audit quality assurance program, we have the expertise available and a solution for you.
An annual report on compliance is a required element in meeting the Minimum Internal Controls Standards. This report can be completed as part of the annual audit or as a separate engagement. In either case, the gaming experts from JOSEPH EVE will determine your casino’s compliance through clandestine observations of internal controls, departmental walk-through, operating effectiveness testing, risk assessments, and detailed testing of gaming transactions. Our report will also include detailed recommendations for improving compliance.
Title 31 Compliance (AML Assistance)
Since the 9/11 disaster and the passing of the USA Patriot Act, Title 31 compliance is more important than ever. Additional Federal oversight and compliance testing coupled with the risk of terrorist financing and the associated publicity make your Anti-Money Laundering (AML) programs one of the most important aspects of casino compliance.
We offer assistance with the development of Title 31 internal controls, Title 31 training and “Train the Trainer” programs, assistance and preparation of written money laundering risk assessments, testing of compliance, Title 31 audits, and turnkey AML programs.
Let us help you develop the best anti-money laundering program in the industry, one that will protect the organization’s interest and satisfy Federal oversight.
Enjoy the following articles that have been published by JOSEPH EVE personnel in regards to Title 31:
♦ It is Time for Tribal Casinos to Take Title 31 Seriously by Grant Eve
For more information regarding Title 31 Training and/or services we can provide, contact Grant Eve at 406-727-1798.