Over the years, we’ve developed a well-earned reputation for providing sound expertise and forward-thinking solutions to tribal gaming organizations. Because we understand the challenges you face, and have a deep knowledge of gaming principles, internal controls, operational issues, and reporting and auditing requirements, REDW is your ideal partner.

A quality audit also will help a plan administrator carry out its legal responsibility to file a complete and accurate annual return/report for the plan each year. We perform benefit plan audits for various sized Casinos and have specific experience understanding the differences between governmental and non-governmental plans as outlined in the. CISA Training Video: The Process of Auditing Information SystemsDomain 1 from CISA accounts you 21% of the exam and it talks about, how to conduct an Audit?C.

In addition to audit services, we can provide operational expertise specific to the Tribal gaming industry. We’ll help you with:

• Strong internal controls
• Setting up and maintaining accounting systems
• Training staff
• Developing policies and procedures
• Benefit plan administration

Gaming involves complex legal and operational issues requiring expert management skills. Our gaming business experts literally helped to write the book on tribal gaming audit and accounting. As members of the AICPA’s Gaming Task Force, we provided content and technical expertise to produce the latest AICPA Gaming Audit & Accounting Guide, the first major rewrite in more than 30 years.

For more information please contact Anthony Gerlach

SERVICES:

Audit
Audit Preparation & Consulting
Benefits Consulting
Forensic Accounting & Valuation
Fraud Prevention & Detection
Internal Audit
Human Resources Consulting
Regulatory Compliance
Software Solutions
Tax Compliance & Consulting
Title 31 Assessment & Training
Training
Wealth Management

Audit

We specialize in providing audit and advisory services to Tribal enterprise funds, tribal gaming commissions and casinos, as well as assistance with the development of internal audit controls and training. Our professional staff has special training to support tribes with a wide range of services including:

• Tribal enterprise financial statement audits
• Indian casino financial statement audits
• NIGC minimum internal control standards review

Audit Preparation & Consulting

We coordinate and gather the information requested by your auditors, prepare audit schedules, and draft your financial statements. Whether you are behind on bank reconciliations and financial reports, or lack the extra staff to prepare for an audit, we can get you ready while reducing stress and saving time. When you choose our experienced specialists, you get access to our substantial knowledge and resources. We promise a smooth, hassle-free audit preparation process that will keep your costs under control.

Benefits Consulting

REDW’s sister company, Alliance Benefit Group Southwest (ABG Southwest), offers a wide range of retirement plan and recordkeeping solutions. ABG Southwest provides employee benefit plan consultation, design, recordkeeping, and administration services for benefit plans ranging to up to 2,000 participants in size. ABG Southwest is a member of Alliance Benefit Group (ABG), one of the largest retirement-administrative-plan networks in the country.

Forensic Accounting & Valuation

We provide forensic investigation, litigation support and expert witness testimony services. We’ve served on behalf of both plaintiffs and defense attorneys, as neutral experts, and as Special Masters assigned by the court. The many and varied types of cases for which we have served include:

• Economic damages (business lost profits, personal injury wage losses, commercial litigation, employment disputes, intellectual property
• Fraud (loss calculations, presence of fraud patterns, analyzing movements and uses of cash)
• Insurance defense (business interruption, financial condition analysis, catastrophe losses and other)

REDW also has a team of professionals dedicated to valuation and appraisal of businesses, ownership interests in businesses, intangible assets, and the appraisal of machinery and equipment.

Internal Audit

We provide internal audits that ensure compliance with the NIGC MICS, fully outsourced internal audits, co-sourced arrangements where our experts provide direction, risk assessments, temporary internal auditors or managers to fill employment gaps, and development of policies and procedures that can identify best-practice opportunities. Our services can be tailored to fit any budget.

Human Resources Consulting

Our experienced consultants can provide support to your existing HR director and assist with the following:

• Employee interviews & critical skill assessments
• Organizational & compliance assessments
• Leadership & development training
• Facilitating employee meetings & mediation
• Developing policies & procedures
• Implementing a performance appraisal & evaluation system
• Facilitating strategic planning sessions
• Developing a personnel handbook
• Consulting on compensation & benefit plans

We also continue to compile an unparalleled annual survey of Tribal Compensation data that Tribes need to make smart, strategic decisions for strengthening their workforce. In 2019, this service was expanded to include wage survey data for Tribal Gaming organizations in addition to Tribal Governments.

Casino Audit Training

Regulatory Compliance

We perform NIGC Minimum Internal Control Standards (MICS) compliance evaluations. Our gaming audit experts work closely with tribal gaming commissions, audit committees and gaming enterprise boards to ensure the level of MICS compliance achieved is maximized. We also perform compliance reviews and reporting specific to each Tribe based on the gaming compacts and agreements in place with the applicable state. REDW offers training classes for tribal gaming commission and casino personnel on improving internal controls and complying with the NIGC MICS.

Software Solutions

We will work with you to select an appropriate accounting software product, and then help to ensure a smooth transition by training your staff. As we are both accountants and software specialists, we can advise Tribes on financial and IT risk, whether for general accounting purposes or for casino and other enterprise operations. We offer SAGE 100 ERP software and an array of other software solutions for tribal gaming properties.

Tax Compliance & Consulting

Our tax professionals apply expert strategy specific to Indian Country. This helps your enterprise keep pace with regulations and auditors, while also contributing to your overall business strategy.

Title 31 Assessment & Training

We perform reviews and testing for Title 31 compliance, assist in risk assessment determination unique to each casino, and can also help to design internal controls, policies and procedures. Our training courses for casino personnel include identification of unusual or suspicious transactions, to the extent that the reporting of such transactions is required by Title 31, Subtitle B, Chapter X, by other applicable law or regulation, or by the casino’s own administrative and compliance policies.

Training

REDW offers a variety of training options with experienced trainers who understand the technology, finance, accounting and operations management issues faced by tribal casinos and other enterprises. We can deliver training directly to your staff at your own facility. Courses are customized to fit your requirements with half- or full-day sessions.

Casino Revenue Audit Training

Wealth Management

Casino Revenue Audit Training

REDW Wealth’s team of wealth advisors can design and manage an investment portfolio to help protect your Tribe’s economic strength and stability for future generations. Our services include retirement plan advisory services, fiduciary reviews, audits and consulting, and financial education for employees and tribal members. REDW Wealth LLC is an SEC-registered subsidiary of REDW LLC.