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HUD and Other Government Agency Rules Audits

Providing You With An Integrated Audit
If you are a state, local government or non-profit organization, you may have trouble seeing through the hazy, cumbersome requirements that go along with being that type of organization. We see through the haze, and help you discharge your obligations under Federal Audit Guides such as those issued by HUD, the Single Audit Act and OMB Circular No. A-133. 

We are familiar not only with the requirements of all applicable Federal laws, regulations and OMB Circulars, but also with the funding sources of your programs. As your auditor, we'll review your compliance with laws, regulations and provisions of contracts or grant agreements that may have a direct material effect on each of your major programs.

Our Approach
We successfully integrate the necessary Federal audit procedures with those required as part of your regular financial audit. An important phase of an organization-wide audit is the planning and preparation. We work with you to ensure the audit procedures are performed efficiently and to minimize disruptions to your staff. We also work with you to meet your compliance reporting requirements and develop a plan of corrective action for any deficiencies observed during the audit. All of our audit quality control procedures apply to our single audit engagements.

How You Will Benefit
To perform efficient and effective organization-wide audits, we maintain channels of communication with officials of federal departments, train our audit staff and have developed special tools to use in organization-wide audits.  Integrating the audit procedures not only assures you that an adequate audit is performed but also that cost is minimized by avoiding duplication and overlapping audit procedures.


 

RSM McGladrey Inc. and McGladrey & Pullen LLP have an alternative practice structure. Though separate and independent legal entities, the two firms work together to serve clients' business needs.