Our Services

Consulting

With this service, QAFC becomes a strategic partner with your department. With QAFC consulting, we can add value to your department by helping you to identify enterprise-wide risks, monitoring and providing early warning of new risks, and improving your department’s processes and efficiency.

Compliance

These reviews determine if departments are complying with applicable laws, regulations, policies, and procedures. Examples include federal and state laws, chancellor’s office directives, Board of Regents policies and procedures, and UNLV policies and procedures. Recommendations from these reviews usually require improvements in processes and controls used to ensure compliance with regulations.

Investigations

QAFC may perform reviews in conjunction with other departments, such as the UNLV department of police services, as investigative tools for the university. Investigative reviews may result from findings during a routine review or from information received from personnel. The review should be conducted immediately, collecting as much evidence as possible. It is essential that the records in question be removed from the department/employee under investigation or otherwise safeguarded.

Reviews

Operational Reviews

These reviews examine the use of resources to determine if the resources are being used in the most effective and efficient manner to fulfill the university’s missions and objectives. An operational review includes elements of other review types listed below.

Financial Reviews

These review accounting and financial transactions to determine if commitments, authorizations, and receipt and disbursement of funds are properly and accurately recorded and reported. This type of review also determines if there are sufficient controls over cash and other assets and that adequate process controls exist over the acquisition and use of resources. Unlike external financial reviews, internal financial reviews do not prepare or express professional opinions on the financial statements’ fairness.

Compliance Reviews

These reviews determine if departments are complying with applicable laws, regulations, policies and procedures. Examples include federal and state laws, chancellor’s office directives, Board of Regents policies and procedures, and UNLV policies and procedures. Recommendations from these reviews usually require improvements in processes and controls used to ensure compliance with regulations.

Special Reviews

Special reviews include but are not limited to:

Management Reviews

A management review assesses the quality of the decision-making process and the information environment. They may be requested by the senior officers or the need becomes apparent because of the number of findings within a department on other types of reviews.

Program (Cost-benefit) Reviews

These reviews evaluate the economy, efficiency, and effectiveness of a program. The compliance specialist will concentrate on the inputs and outputs for a specific program. The purpose overlaps with operational and management reviews and the process review.

Investigative Reviews

Investigative reviews may result from findings during a routine review or from information received from personnel. The review should be conducted immediately, collecting as much evidence as possible. It is essential that the records in question be removed from the department/employee under investigation or otherwise safeguarded.