Respecting Tribal Governments.
REDW has worked with Tribal Governments for more than three decades, and we have developed an understanding and appreciation of their unique values, vision, and management strategies. Through collaboration with our more than 200 tribal government clients, we’ve learned how their resources are important for tribal self-reliance, honor, and endurance. We have partnered many times to help build their financial strength and secure the future for new generations.
Tribal leaders face many challenges. In addition to improving the quality of life for tribal members and creating economic development, there is also a need for keeping up with Federal guidelines for tribal funds. We can help with solid systems for your accounting, financial reporting, internal controls and other basic financial tracking systems, and also help with specialized requirements such as:
- Federal financial management of Federal grant funds
- Relevant financial policies and procedures
- Preparing for Single Audits
Let us show you how our extensive experience can help you successfully address the following Tribal Government services.
Audit Preparation & Consulting
Forensic Accounting & Valuation
Strategic Planning & Organizational Assessment
Tax Compliance & Consulting
Our audits reflect our keen understanding of both the latest federal or other applicable compliance guidelines and your need for internal controls to strengthen your government and community. With deep experience in Tribal Single Audits, REDW audits more Tribal Federal dollars than any firm in the country. In addition, we have expertise in auditing various entities that Tribes operate, such as healthcare, schools, housing, gaming and hospitality enterprises, golf courses, farming, convenience stores, and many others.
We’ll connect our audit findings back to your Tribal government or business, to identify both revenue opportunities and cost-saving strategies. We commit not only to open and honest communication with your accounting and governance teams, but also to enhancing the financial skills of those teams, going forward.
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 for the audit 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 audit costs under control.
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 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.
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.
Our experienced consultants can support 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 Tribal entities 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 as well as Tribal Governments.
The benefits of tribal self-governance and self-determination through PL 93-638 are many, particularly when tribes are seeking to improve healthcare delivery in their communities. REDW has a long history of helping tribes and tribal enterprises achieve their objectives, and leads the nation in providing 638 healthcare transition services. We also serve as trusted advisors to tribal healthcare organizations as they navigate an ever-evolving and highly regulated environment.
We work closely with you to coordinate and tailor the transition to suit your organization and its needs. For more information on how we work with you to prepare for and work through all key steps of the transition, see our detailed description of support services.
When maintained and secure, the right software helps manage essential financial data and other key business information. Our Software Solutions team can help you with installation, training, and ongoing support as needed.
Strategic planning is a continuous and systematic process of determining goals and objectives, implementing steps to achieve them, and measuring success. REDW’s professionals have teamed with large and small tribal governments, working closely with their executives and boards of directors to create strategic plans, map organizational change and cultural shifts, and prepare reports. After the planning process, we’ll stay with you to ensure you implement the plan and reach your goals.
REDW provides tax preparation service (Form 990 and 990T) as part of a comprehensive offering of nonprofit and other tax consulting services. We guide your organization through the complexities and demands of these forms and explain how to respond to inquiries. This includes an emphasis on compliance with rules governing exempt organizations, such as the establishment of and adherence to sound policies and best practices, and the degree of involvement of the Board of Directors and Audit Committee in establishing and assessing policies supporting proper governance.
Timely, relevant training helps to ensure the Tribe’s long-term financial well-being. It also increases employees’ morale and job satisfaction by sharpening their technical skills and knowledge.
We offer financial and management training that empowers Tribes to promote and build long-term financial success and security. These can be delivered directly to staff at your facility, and all can be customized to fit your requirements.
REDW Wealth’s experienced team of wealth advisors can design and manage an investment portfolio to help protect your Tribe’s economic strength and stability for future generations. We provide retirement plan investment 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.