Situation: A contractor’s work under another union’s collective bargaining agreement created a dispute over the benefit fund contributions owed. Solution: Tronconi Segarra & Associates reviewed the agreement and met with the contractor and union to resolve its application and determine the required contributions. Impact: The fund recovered $39,000 in delinquent contributions, interest, and penalties.
Situation: The onset of COVID-19 required a government audit program to move quickly from in-person engagements to, for the first time in their history, remote audits without compromising necessary procedures. Solution: Our team developed remote audit procedures using our technical experience, professional judgment, and established remote audit practices. Impact: The approach was accepted and then […]
Situation: A Western New York not-for-profit client providing mental health, employment, housing, and homelessness services fell behind on required audits and filings following management turnover. Solution: Our team coordinated the financial statement audit, two years of Single Audits, New York State Consolidated Fiscal Reports, and tax filings. Impact: Within 12 months, the organization returned to […]
Situation: A unionized contractor received a substantial payroll audit assessment that could have affected operating cash flow. Solution: Our team reviewed payroll records, classifications, audit calculations, and supporting documentation, then prepared a detailed rebuttal and communicated directly with the auditing firm. Impact: The proposed assessment was reduced by approximately $400,000, and the matter was ultimately […]
Situation: A manufacturer’s previous auditor missed completion timelines and issued substantial additional bills without sufficient explanation. Solution: Our team assumed responsibility for the audit and completed the engagement within the agreed scope, timeline, and budget. Impact: Management received timely audits without unexpected charges for work covered by the engagement, making the process and its costs […]