CLOSE OUT SPECIAL: 2008 Indian Gaming Cost of Doing Business Report for $299!
2009 CODB Coming Soon. Please contact us if you wish to participate.
JOSEPH EVE’s Indian Gaming Cost of Doing Business Report is a valuable business management aid designed as a tool for financial analysis and planning. This report is the only publication that contains [...]
An Arizona agency says Global Cash Access Inc. of Las Vegas can’t be trusted as a casino vendor because it committed theft and fraud years ago — and in recent years has lied to regulators about that scandal and other issues.
The harsh words about the company are in a June 3 report from the Arizona [...]
New Information Prompts Advisory
VIENNA, Va. – The Financial Crimes Enforcement Network (FinCEN) today issued an advisory on apparent structuring by casino patrons and personnel. Structuring is described as breaking up transactions for the purpose of evading Bank Secrecy Act (BSA) reporting or recordkeeping requirements.
“Structuring is unlawful, and involves potential civil and criminal penalties under the [...]
NIGC Strategic Plan
Indian Tribal Audit Experience
Some of our past and current audit clients include:
Alabama-Quassarte Tribal Town (Wetumka, OK)
Battle Mountain Band of the Te-Moak Tribe (Battle Mountain, NV)
Big Pine Paiute Tribe (Big Pine, CA)
Bridgeport Indian Colony (Bridgeport, CA)
Chippewa Cree Tribe (Box Elder, MT)
Confederated Salish & Kootenai Tribes (Pablo, MT)
Crow Tribe (Crow Agency, MT)
Fond du [...]
The Cost of Doing Business
The Indian Gaming industry has grown rapidly over the past 20 years. Much of this growth has centered on casino expansion, acquiring equipment, buying out existing management contracts, and tribal/national politics. There has been little time to focus on internal financial performance. Most casinos have been content making a profit and [...]
December 9-12, 2008
Green Valley Ranch Resort Casino
Las Vegas, Nevada
Topics Include:
Auditing Title 31
Title 31 Risk Assessments
IT Terminology
Conducting IT Audits for NIGC MICS
Analytical Review and the 2008 Indian Gaming Cost of Doing Business Report
Understanding the 2008 Indian Gaming Cost of Doing Business Report
Instructors:
Barron Stringfellow, Barron Stringfellow is a Senior Consultant [...]
Financial Crimes Enforcement Network
Guidance
FIN-2008-G007
Issued: August 1, 2008
Subject: Recognizing Suspicious Activity – Red Flags for Casinos and Card Clubs
This guidance is intended to assist casinos and card clubs1 with the reporting of suspected money laundering, terrorist financing and related financial crimes. This guidance contains examples of circumstances or “red flags” – based on actual reports, the [...]
July 9-10, 2008 – SEMINAR CANCELLED
Treasure Island Resort & Casino
Las Vegas, Nevada
Topics Include:
Tests of Gaming Transactions
[...]
Large volumes of transactions, credit cards, turnover in personnel, greedy employees, Federal money, all of these create inherent risk for Tribal Government and Tribal Enterprises. Let the Certified Fraud Examiners from JOSEPH EVE put the Tribal Member or Tribal Council concerns to rest. Payroll fraud, fraudulent disbursements, kickback schemes, theft from the machines, we have [...]
The objective of a Cost Recovery Audit is to assist the Tribe in identifying and recovering excessive and erroneous payments to suppliers. These payments may involve over billing, duplicate payments to vendors, construction or contract overruns, or other mistakes in the disbursement process. Once the erroneous and excessive payments are identified, we will contact the [...]
Auditing of Tribal Governments and other Tribal entities is our primary niche at JOSEPH EVE. We primarily serve:
Tribal Governments
Tribal Casinos
Tribal Business Enterprises
Tribal Housing Authorities
Tribal Colleges
We have invested in state-of-the-art auditing tools such as CaseWare™, an automated work paper and analytical review tool, and IDEA™, an audit tool used for analyzing accounts payable, inventory, and [...]
Our philosophy at JOSEPH EVE is that auditing should be viewed as a contributing factor to better tribal business and administrative practices. We believe that audits should carefully evaluate financial practices and identify inefficiencies and/or other problem areas. In our audit process we take a “member of the management team approach,” and go far beyond [...]
Tribal leaders face many challenges. Issues such as improving the quality of life for Tribal members and creating economic development so that Tribal members can return to the reservation are just a few. The quality of the Tribe’s financial management system can present problems for Tribal leaders. Inaccurate or untimely financial information can result in [...]
