Government Audit Quality Center
DGN meets AICPA quality standards
Dennis, Gartland & Niergarth is a long standing member of the American Institute of Certified Public Accountants (AICPA) Government Audit Quality Center. Membership reflects DGN's commitment to achieving the highest professional standards and performing quality audits for our governmental and nonprofit clients.
What is the Center and why was it established?
The AICPA established the Governmental Audit Quality Center to help CPAs perform quality audits by providing resources and guidance to help them navigate the increased complexity of the Federal rules and regulations underlying governmental auditing. The Center is a voluntary membership center for firms that perform governmental audits, including all audits and attestation engagements performed under Government Auditing Standards and OMB Circular A-133 of Federal, State, or local governments, not-for-profit organizations and certain for-profit organizations that receive Federal assistance. These audits are sometimes referred collectively as “governmental audits.”
How does the Center benefit DGN clients?
As a member of the Governmental Audit Quality Center, DGN has made a commitment to adhere to Center membership requirements designed to introduce additional quality control features to our practice.
Center members receive comprehensive resources and up-to-date information on a variety of technical, legislative and regulatory subjects to ensure that each client's audit is in compliance with the appropriate standards and changes in regulation. These resources help us respond nimbly to new standards and requirements to ensure the efficiency of each audit engagement.
How does Center membership impact the DGN government/nonprofit audit team?
Dennis, Gartland & Niergarth is committed to ensuring that our auditors are well trained and adheres to the continuing professional education requirements of Government Auditing Standards. Further, our Center membership dictates that we establish and document our policies and procedures to ensure compliance with applicable professional standards, rules, and regulations for audits. We believe this translates into a highly competent team of auditors who are knowledgeable in the unique requirements of quality governmental auditing and helps ensure that you receive the most efficient quality audit possible.
What are the quality requirements of the Center?
In addition to the resources and information on current regulations and standards affecting audits, the Center requires DGN to adhere to significant membership requirements including designating a partner to be responsible for the quality of our government/nonprofit audit practice, meeting quality control standards and establishing annual internal inspection procedures. This inspection includes a review of DGN’s audit practice by individuals with specific knowledge of audits and standards. The review must be made available to our firm’s peer reviewer, who conducts a review and evaluation of our firm’s auditing and accounting functions so we can meet state licensing, federal regulatory and/or AICPA membership requirements. In addition, we must make our peer review findings publicly available.