Performance / Operational Audits

Successful organizations have sound business practices and effective operational processes. While individual operational processes are usually designed to complete specific tasks, the success of each process is dependent on how one process interacts and interrelates with another.  For example, a payroll process may ensure that payroll checks are accurately calculated and paid on time.  However, an effective human capital management process must interact with the payroll process to ensure that accurately calculated, and timely payroll checks, were issued to legitimate employees.  

Inefficient and ineffective operational processes can result in unnecessary direct and indirect costs.  For example, inefficient processes can result in redundancies; staff completing manual steps because the organization is not maximizing the use of available technology; etc.  

Ineffective processes can result in issues such as undetected policy violations, and not identifying trends that could be indicative of inappropriate activity.     

Patrice Randle’s local government work experience has given her a thorough understanding of how one operational process should interact with the other, to be effective. Patrice is also familiar with internal controls that should be embedded within operational processes.  

Randle Consulting, LLC is prepared to conduct performance/operational audits for you, using knowledge, skills, and professional growth that was developed through considerable work experience as a local government employee.   

Construction projects are necessary to accommodate community issues such as aging infrastructure and population growth.  However, substantial business risks accompany construction projects. For example, inadequate project management and oversight increases an organization’s financial, compliance, and other business risks.    

•   Organizations incur financial risks when they make duplicate payments, or pay for substandard, unnecessary, out-of-scope, or incomplete work. Erroneous construction payments can later impact an organization’s ability to finance other projects. 

•   Organizations incur compliance risks when they are non-compliant with applicable policy or legislation.  An organization’s non-compliance can lead to sanctions, and/or ineligibility for future funding. Discontinued funding can then result in delayed or canceled construction projects, thus incurring a reputational risk due to community distrust and frustration with the organization.  

•   Organizations may incur other risks, such as poorly specified projects, or performance standards not clearly stated in contracts. Poorly specified or substandard contractor performance can result in safety issues.  

With construction costs totaling billions of dollars each year, the impact of construction-related business risks can be very costly. Patrice Randle has conducted many construction audits to ensure contractor and subcontractor compliance. Randle Consulting, LLC will design construction audit procedures to identify and address business risks that are specific to your organization.   

Organizations and contracted vendors are expected to comply with regulations posed by governing agencies.  Non-compliance with regulations posed by governing agencies can result in costly penalties, loss of future funding, service disruptions, requirement to refund money granted to the organization, etc. Organizations and contracted vendors are also required to comply with other contractual requirements.  Non-compliance with other contractual requirements can result in a substandard work product, breach of contract, liquidated damages, etc.    

Patrice Randle’s professional internal audit career began with her auditing for compliance with city contracts, and local, state, and federal requirements. She has conducted hundreds of compliance audits where her objective was not only to ensure compliance with established contracts and local, state, and federal requirements, but to also ensure compliance with the audited agency’s established policies and procedures.  

Randle Consulting, LLC has the experience to provide you with a determination as to whether your organization is compliant or non-compliant with governing regulations, contracts, and established policies and procedures.        

In today's professional work environment, internal audit shops are faced with insufficient staffing due to employee turnover, prolonged vacancies (due to the inability to fill vacant positions), and authorized absenteeism.  Alternatively, some audit shops are fully staffed, but require a different internal auditing skillset to complete special projects or audits.

Contracting with Randle Consulting, LLC allows you to co-source with an experienced auditor who has served in various internal auditor capacities within local government (entry-level auditor, auditor-in-charge, senior auditor, and chief audit executive), and in small and large audit shops.  Randle Consulting, LLC has the desired skillset and flexibility that is needed to meet your company's internal audit needs.

Internal and external auditors, consultants, and governing agencies often make recommendations, to management, that are intended to strengthen processes and reduce risks and vulnerabilities.  To minimize organizational risk, it is pertinent that management implement feasible recommendations in a timely manner, or develop controls that compensate for identified weaknesses.

Randle Consulting, LLC can provide management with a structured action plan that establishes accountability, emphasizes open communication, and allows for the successful and timely implementation of feasible recommendations or the development of compensating controls, whichever is applicable.

Randle Consulting, LLC provides professional training that is specific to your organizational needs.  Some examples of our training topics include internal auditing, effective internal controls, fraud prevention and detection, effective management, and ethics.

If your organization is seeking quality training, Randle Consulting, LLC is committed to designing training modules just for you!