Now more than ever, governments and not-for-profits are expected to demonstrate performance levels typically associated with businesses. As a result, boards, councils, and management teams have had to rethink how they operate and provide greater emphasis on continuous improvement, performance metrics, and return on investment.
This makes strengthening performance by enhancing economy, efficiency, effectiveness, and transparency and reducing risk of vital importance to governmental entities and not-for-profits of all sizes and types.
One of the key means of doing so is via a performance audit—a thorough examination of your operations, performed in accordance with Generally Accepted Government Auditing Standards, also known as Yellow Book standards.
Moss Adams offers comprehensive performance audit services designed to help you identify and overcome the critical challenges your organization faces. Our performance audits generally follow a six-phase process:
- Perform risk assessment, if needed
- Develop audit plan
- Conduct fact finding
- Analyze performance
- Prepare findings and recommendations
- Provide draft and final report
We’ve earned a 30-year-plus track record of delivering high value to our clients, working with them to collaboratively define an objective assessment tailored to their organization, operations, and community commitments. Indeed, we’ve generally been able to achieve a return on equity of 1:1 or more for our performance audits, and our recommended improvements have saved some of our clients well over $100,000 annually.
The more than 30 professionals at the firm who provide performance audit services draw on best practices to develop solutions that are practical, achievable, and affordable, and we deliver results in a manner sensitive to the public service environment in which you operate.
Who We Serve
- Federal agencies
- Tribal governments
- State departments
- Higher education institutions
- Special-purpose districts
- Charities, associations, foundations, cultural institutions, and other not-for-profit organizations