Teton County Fraud Risk Assessment/Internal Controls Study and Consulting Services

Teton County is seeking a qualified firm to conduct a fraud risk reduction and internal control modernization study and provide associated consulting services. The goal of the assessment is to determine the type, likelihood, and potential cost of risks and identify strategies to mitigate them. The study will provide a comprehensive look at various areas, including expenditures, accounts payable, inventory, and human resources. The contract amount is $47,400.00, and the contractor will deliver several reports, including a governance analysis, fraud waste and abuse assessment, and existing controls activities. • The assessment will help develop best practice internal controls to reduce Teton County's risk of fraud and unintentional actions. • The contractor will provide a comprehensive look at various areas, including expenditures, accounts payable, inventory, and human resources. • The contract amount is $47,400.00, and the contractor will deliver several reports. • The assessment will help identify strategies to mitigate risks and provide a heat map of fraud risk assessment.