Country: USA, New Jersey
Service: Accounting/Financial Management/Management Consulting
Year: 2013 - 2015
Project: Financial Advisory and CFO Services
Project Description: Project Description: The East Orange Water Commission provides water services to approximately 71,500 Clients in East Orange, and also provides water services under contract to the Township of South Orange Village with a population of approximately 17,000 Clients. Part of its mission is to produce water at the least possible cost to the consumer with only sufficient income to cover the Commission’s operating and maintenance cost, with sufficient reserves to be set aside each year to cover depreciation, replacements, and such new capital developments as are necessary to uphold a high state of efficiency. To ensure accomplishing this mission, East Orange Water Commission awarded a contract to IBS Management and Consultancy Services (IBS) to assist it provide certain advisory services to improve operational and management effectiveness.
IBS provided a range of services, including: CFO – financial statement preparation and audit readiness, budget development and long range financial planning, fraud and forensic audit, business process improvements and other strategic advisory and consulting services to East Orange Water Commission in New Jersey. These services included project management, fiscal and budget process reviews, accounting and financial operations reviews, and general financial management support. We also reviewed program performance and operating policies and procedures and processes to identify areas for improvement; developed methods and approaches in evaluating programs and outcomes; reviewed budget preparation and execution processes for efficiency and effectiveness; and accounting operations internal controls to identify risks and vulnerabilities associated with unauthorized systems access and processing of transactions. IBS Consulting also assisted in the review of certain grants to ensure compliance with all grant requirements.
541611 Admin Mgmt. & Gen. Mgmt. Consulting Services
541990 All Other Professional, Scientific & Technical Services
541211 Certified Public Accountants
541219 Other Accounting Services
541618 Other Mgmt. Consulting Services
541690 Other Scientific & Technical Consulting Services
561110 Office Admin Services
561499 All Other Bus. Support Services
611430 Prof. & Mgmt. Dev. Training
Certified Small Disadvantaged Business (SBA-8a, DC, MD, VA, PA and NJ)
SBA 8(a) - Program Code/Case Number is 307466.
Certified Minority Business Enterprise
CAGE : 6VUR3; DUNS: 078664340
1627 K St, NW, Suite 500
Washington, DC 20006
13201 14th Street
Bowie, MD 20715