Contact us your goals and give us an opportunity to assist you in achieving them.

Email: info@vasllc.com or call: 818-717-7337  

COST RECOVERY

Review Vendor Contracts and match to Vendor Invoices and your company’s Purchase Orders

Work with your vendors for resolution of overpayments

Audit PO/AP Processes

Develop and Implement Recommendations

Conduct annual audits

 HARDWARE/SOFTWARE SOLUTIONS

Determine System Requirements

Develop RFP

Manage Vendor Selection Process

Manage System Conversion

Train management and staff

SOX

Phase 1 – Assess

-     Map risks to management assertions

-     Develop an understanding of and documenting the logical relationships between accounts and processes or cycles

-     Identify source documents supporting the financial statements e.g. trial balance, consolidation package/tools, etc.

-     Identify Significant Accounts & Processes

-     Identify, and document key risks and controls

-     Develop an understanding of financial processes, the COSO framework and management assertions

 Phase 2 – Document

-     Flowchart financial processes at the activity level.

-     Develop an understanding of and document key financial processes with control points

-     Cross reference back to the risk/control matrices and ensure integration of the documentation

-     Prepare narratives describing the process with references to key activities, controls and other relate documentation

 Phese 3 – Test

-     Develop and identify key controls within documentation.

-     Differentiate the types of controls e.g. automat vs. manual, preventative vs. detective, frequency, primary vs. redundant, etc.

-     Define test criteria, including objectives, protocols and acceptance parameters.

-     Select specific test units from a greater population

-     Develop and execute an audit program

-     Analyze and interpret results.

-     Identify exceptions.  

-     Document evidence-supporting test.