Financial Statements and Assurance
Compiled, reviewed, and audited financial statements prepared for operating entities and their stakeholders.
Who this is for
- Provider organizations and their related operating entities
- Boards, lenders, and regulators requiring assurance
- Organizations with reporting covenants or program requirements
What creates risk
- Statements that do not align with the filed cost report
- Insufficient documentation of internal controls
- Reporting deadlines set by lenders or agencies
What CJLC reviews or prepares
- Accounting records and account balances
- Internal controls and risk assessment
- Third-party confirmations where required
What you receive
- Compiled, reviewed, or audited financial statements
- Management letter observations, where applicable
- A reporting calendar for the following year
How the engagement works
- 01
Selection of the appropriate level of assurance
- 02
Planning and risk assessment
- 03
Fieldwork and analysis
- 04
Reporting and management communication
The full CJLC engagement pathway
- 01
Initial Issue and Deadline Assessment
Identify the organization, regulatory program, reporting requirement, current concern, and applicable deadline.
- 02
Secure Document Request
Collect prior reports, rate calculations, agency correspondence, accounting records, and supporting schedules securely.
- 03
Preliminary Review
Evaluate reporting, documentation, potential exposure, and areas requiring deeper analysis.
- 04
Scope and Engagement Approval
Define responsibilities, deliverables, timing, and professional fees.
- 05
Preparation, Analysis, or Representation
Complete the cost report, audit support, reimbursement review, appeal assistance, or financial engagement.
- 06
Findings and Next-Cycle Planning
Explain results, deliver final documentation, and establish the next reporting or compliance calendar.
Request a Reimbursement and Compliance Review
Tell us the organization, the program, and the deadline. We will review fit and outline next steps.