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Financial Management

BUDGET

Financial management services include assessment of financial systems and associated processes to identify inefficiencies, data integrity, and seek improvement of operating effectiveness, controls, and performance. We assist the client in implementing corrective action, documenting existing processes, and designing, developing, and implementing new, more productive processes. In addition, Destiny will assess and incorporate improvements to financial reports by designing, developing, and implementing customized reporting formats. In the area of budgets, we provide technical assistance to formulate the budget process, implement the budgetary controls, and execute the budget process effectively.

We have performed management, performance, and compliance audits to ensure adherence to applicable Federal, state and local laws and/or regulations. We assess the control environment, develop an audit plan, and test the internal controls. Our reviews are a systematic and objective examination of systems, processes and procedures to provide an independent assessment of the performance of a government organization, program, activity, or function, to yield information to improve public accountability, as well as to facilitate decision-making by parties with responsibility to oversee or initiate corrective action. Destiny has compiled and analyzed program and financial information for government entities, grantees, and other recipients of Federal funds at other Federal agencies. These reviews allowed DMS to demonstrate its ability to respond to specific review needs of a client, and to render information for crucial decision-making. All are performed in accordance with generally accepted auditing standards, and guidelines set forth by the following: American Institute of Certified Public Accountants (AICPA), Federal Accounting Standards Advisory Board (FASAB), Office of the Inspector General (OIG), and Generally Accepted Government Standards Board.