Government Grant Audit Consultant LA 65/Hr.
Must live in Los Angeles, and be able to worksite in Downtown LA
3-6 Month Contract
A government grant audit consultant helps organizations navigate the complexities of federal and state grant compliance, ensuring adherence to regulations and maximizing the successful use of grant funds through services like compliance reviews, internal control evaluations, and audit preparation.
Here's a more detailed look at what a government grant audit consultant does:
Key Services Offered:
· Compliance Reviews:
Conduct thorough reviews of grant-related policies, procedures, and financial records to ensure compliance with federal, state, and local regulations.
· Internal Control Evaluations:
Assess and improve internal controls to mitigate risks and ensure the efficient and effective use of grant funds.
· Audit Preparation:
Prepare organizations for grant audits by ensuring proper documentation, record-keeping, and adherence to audit guidelines.
· Grant Management Support:
Provide guidance and support throughout the grant lifecycle, from application to closeout, including grant accounting, reporting, and monitoring.
· Training and Education:
Offer training on grant compliance requirements, best practices, and audit procedures to enhance organizational capacity.
· Single Audit Expertise:
Assist with single audits (also known as Uniform Guidance audits) required for organizations receiving federal funding.
· Grant Expenditure Allowability Evaluations:
Evaluate the allowability of grant expenditures to ensure they comply with grant regulations and maximize reimbursement.
· Procurement Process Reviews:
Review grant-specific procurement processes to ensure compliance with regulations and best practices.
· Subrecipient Monitoring:
Provide guidance and support for monitoring subrecipients to ensure their compliance with grant requirements.
· Risk Mitigation:
Help organizations identify and mitigate financial and operational risks associated with grant-funded projects.
The Grant Audit Consultant must:
Have a minimum of three (3) years of grant (financial and compliance) audit experience.
Meet Generally Accepted Government Auditing Standards (GAGAS) requirements for continuing professional education (CPE).
Note: Each auditor performing work under GAGAS should complete at least 80 hours of CPE that directly enhance the auditor’s professional proficiency to perform audits or attestation engagements every two (2) years. At least 24 of the 80 hours of CPE should be in subjects directly related to government auditing, the government environment, or the specific or unique environment in which the audited entity operates. At least 20 hours of the 80 should be completed in any one (1) year of the two (2)-year period.
Knowledge and use of TeamMate, audit management software, is required. “