News Release: “TJG Completes Base Year of Financial Assessment Subsystem (FASS) Quality Assurance Contract at HUD”

TJG Completes Base Year of Financial Assessment Subsystem (FASS) Quality Assurance Contract at HUD HUD Exercises Option Year 1 of FASS Quality Assurance contract On May 3, 2019 TJG successfully completed the base year providing Quality Assurance services in support of the Financial Assessment Subsystem for HUD’s Real Estate Assessment Center (REAC) located at HUD’s

An economist explains what happens if there is another financial crisis.

Although the financial crisis of 2008 began with US banking, it led to one of the deepest global recessions since the Great Depression. “The IMF has warned that governments and regulators failed to push through the reforms needed to protect the system from reckless behaviour. Economists say we are approaching conditions ripe for another financial

Department of Defense Launches First DFARS Compliance Audit

“The Defense Federal Acquisition Regulation Supplement (DFARS) mandate, specifically Clause 252.204-7012 requiring all members of the Department of Defense’s supply chain to comply with NIST SP 800-171 is nothing new. For a year now, the DFARS mandate has been required of all members of the DoD supply chain. Until this point, while signing off on

What’s Next When You’ve Seen Something Improper in the Workplace?

Workplaces can be full of uncomfortable situations, especially when co-workers behave, unethically, criminally, or recklessly.  Research has shown that over half of employees that observe workplace misconduct do not report it due to fear or reprisal or reluctance to turn others in. “‘It’s clear that over time, whistle-blowers have been perceived and characterised very negatively,’

Taking the Risk Out of Risk Assessment

“Risk assessment is at the core of every audit. The goals of identifying, assessing, and responding to risks of material misstatement (“risks”) drive every audit procedure, from gaining an understanding of the entity and its internal control to vouching transactions back to vendor invoices. However, more than a decade after the 2006 Risk Assessment Standards

Know Basic Business Fraud Warnings

“From hourly employees skimming the cash register to top executives fudging their revenue numbers, fraud is an unfortunate fixture of the business landscape.  But while fraud may be a constant concern, falling victim to it isn’t inevitable.  Here are some red flags that experienced forensic accountants look for, and advice for ways to ferret out

Defining Risk Management In Your Organization

“Risk oversight and risk management are high priorities on the agenda of most organizations.  The first step to defining risk management goals and risk management objectives is to define your organization’s shared vision. Once the shared vision is articulated, overall risk management goals and objectives must be defined. While a vision statement is often aspirational, the

TJG Named a Distinguished Service Awards Nominee!

TJG named a Distinguished Service Awards Nominee! The Distinguished Service Awards: Honoring Veteran, Businesses & Leaders in Greater Washington celebrates individuals, companies, and non-profit organizations for their service to veterans in the Greater Washington business community. The Awards are presented in recognition of community stewardship and business leadership.

TJG AWARDED OPTION TO EXTEND BY HUD/OCFO

TJG earns Option Year 2 Award from the U.S. Department of Housing and Urban Development (HUD) to provide technical expertise to support HUD’s financial statement preparation process, including to prepare the cost allocation study and other data for the Department’s Annual Financial Report required by OMB Circular A-136. The award included a base plus four

TJG Awarded HUD Contract

May 07, 2018 TJG won a contract to provide Financial Assessment Subsystem (FASS) quality assurance services to the Department of Housing and Urban Development (HUD), Office of the Chief Procurement Officer. HUD is responsible for enforcing fair housing laws, addressing America’s housing needs via programs and policy, and developing and improving America’s communities. Under this