Capabilities

Capabilities

Our services are designed to provide our clients with a sense of confidence and assurance. The CTS Group, LLC enables clients to optimize their financial departments and provide greater leverage in utilizing agency resources by providing financial management, account maintenance, budget development and analysis and interim outsourcing.

Accounting

Transaction analysis, transaction processing, data analysis and summarization, technical assistance in devising new or revised accounting policies and procedures, classifying accounting transactions, special studies to improve accounting operations.

Budgeting

Assess and improve the budget formulation and execution processes, conduct special reviews to resolve budget formulation or budget execution issues, provide technical assistance to improve budget preparation or execution processes.

Complementary Financial Management

Assess and improve financial reporting and analysis, strategic financial planning, financial policy formulation and development. Devise and implement performance measures, conduct special cost studies, assist with financial quality assurance efforts, perform benchmarking.

Outsourcing Recurring Commercial Activities for Financial Management

Services that an agency identifies as recurring commercial activities which may include billing, payroll processing, application processing, claim processing, and other financial management activities

Financial Due Diligence & Support

Assist agencies in the confirmation and validation of specific elements of an agency's portfolio of assets. Collect and organize data from an agency's files or a third party source, create asset inventory database, develop quality/information controls.

Financial & Performance Audits

Perform financial-related audits and performance audits. An independent assessment of an audited entity's a) financial statements in conformity with generally accepted accounting principles, b) financial information, adherence to financial compliance requirements and internal controls, or c) organization or program performance to identify areas for improvement.

Complementary Audit

Other services performed by auditors including assist in developing questions for use at hearings, develop methods and approaches in evaluating a new or proposed program and forecast potential program outcomes.

 


For More information about our services, contact us at info@ctsgroupllc.com

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