Financial & Business Solutions • Business Consulting • Contract Management
Our focus is in helping you navigate rapidly changing regulations in two specific areas:
Green Book / OMB Circular No. A-123 Internal Control Compliance
Long & Associates can help you stay on top of OMB compliance requirements, including 2016 mandates for agencies’ internal-control practices. We see it as our most basic function to identify reporting requirements, assess the level of success in meeting those requirements, and determine the steps to minimize any future exposure.
Our goal for conducting internal control assessment is to add value and improve your operations. We combine our experience and working knowledge of risk management, processes, and governance structures to help you achieve goals and safeguard assets. Our services in this area include:
- Developing an integrated enterprise risk management (ERM) process
- Planning and assessment of internal control over financial reporting and business operations
- Identifying, documenting, and testing key controls over significant application processes
- Developing, implementing, and monitoring corrective action plans
Employee Benefit Plan Audits
Employee Retirement Income Security Act (ERISA) compliance requirements for employee benefit plans are complex, but necessary to protect the interests of employees. We combine a risk-based audit approach utilizing data analytics with up-to-date knowledge of the changes and updates governed by ERISA and the Department of Labor (DOL). Our services in this area include:
- Non-appropriated Fund
- 401(k) plans
- 403(b) and 401(a) plans
- Profit-sharing plans
- Defined contribution plans
- Defined benefit plans
- Health & welfare benefit plans
Long & Associates provides financial & business solutions, program & policy support, and contract management services to federal agencies and organizations to effectively and efficiently achieve their missions. Our commitment drives us to offer quality, sound, consistently yet innovative solutions that enhance our clients’ organizations and position them for success.
