Peer Review
Expert Peer Reviews for Governmental Entities
BFS Peer Reviews assist government entities in navigating the complexities of audit standards and compliance requirements. With expertise in the International Professional Practices Framework (IPPF) and Generally Accepted Government Auditing Standards (GAGAS), BFS delivers tailored reviews to ensure your internal audit function meets professional standards while addressing the unique challenges of the public sector.
Navigating Challenges in Public Sector Peer Reviews
BFS ensures compliance with both IPPF and GAGAS standards while addressing the unique demands of government entities, including:
Diverse Missions
Regulatory Compliance
Resource Constraints
Why Choose BFS?
BFS specializes in “Orange Book” Peer Reviews, bridging the gap between IPPF and GAGAS to address the complexities of government audits. Here’s what sets us apart:
Practical Expertise
Tailored Reviews
Leadership in the Field
Support for Small Audit Shops
BFS’s Unique Approach
BFS delivers actionable insights that drive long-term improvements. Our services include:
Comprehensive analysis of audit frameworks and processes.
Alignment with updated IPPF standards and GAGAS requirements.
Recommendations tailored to enhance audit function efficiency and effectiveness.
Client Impact
BFS Peer Reviews consistently deliver results that strengthen audit functions and improve compliance:
→ Ensured compliance with both IPPF and GAGAS for a quasi-government entity, preventing audit failure and elevating performance.
→ Brought a state agency into compliance with Texas Internal Audit Act (TIAA) reporting requirements, meeting critical deadlines.
Client Testimonials
“Another great engagement. My Board is happy!” – Chief Audit Executive, Quasi-Government Entity
“Thank you for getting this done! Without you, we would not have met the October deadline.” – State Agency
“I appreciate your efforts to assist our agency in maintaining and strengthening its internal audit functions.” – General Counsel, State Agency
The BFS Commitment!
With a 25-year legacy of delivering tailored solutions, BFS ensures your Peer Reviews are thorough, compliant, and effective. Let BFS help you navigate the complexities of Peer Reviews and position your organization for lasting success.