Preparation for Audit, (DCAA or Independent CPA) – We can provide an extra hand with year-end reconciliations, adjustments and audit schedules while you continue to control ongoing operations. Audit prep helps you reduce delays in completing your audit, avoid crisis conditions, and improve audit results. You get the additional professional expertise you need only when you need it.
Monthly or Quarterly Accounting, (Prior to Closing) - We can look over your General Ledger Accounts, Financial Statements and Inhouse Reports for reasonableness prior to Closing the Period. This allows you to use in-house accounting staff for daily transactions and bring in the additional professional expertise on an as-needed basis. Monthly or Quarterly Accounting provides you with reconciled financial statements throughout the year for management information, financial reporting and tax planning.
Temporary Controller for Hire – provides experienced accounting personnel to fill short-term needs as interim controller or CFO.
Weekly Accounting – staffs your entire accounting function processing transactions, reconciling accounts and preparing monthly compiled financial statements. Weekly Accounting saves you time on hiring, training and supervision of in-house accounting personnel. Weekly Accounting is a great resource for a new business and can be transitioned to monthly accounting assistance at a later date.
Accounting System Design – provides help in designing an accounting system that meets federal agency standards and produces the reports you need for management and reporting. We can also develop of accounting manuals, and advise and assist to establish procedures for internal control.
Government Contracting Services – provide professional assistance in addressing specific accounting issues such as assistance with the:
Monthly or Quarterly Accounting, (Prior to Closing) - We can look over your General Ledger Accounts, Financial Statements and Inhouse Reports for reasonableness prior to Closing the Period. This allows you to use in-house accounting staff for daily transactions and bring in the additional professional expertise on an as-needed basis. Monthly or Quarterly Accounting provides you with reconciled financial statements throughout the year for management information, financial reporting and tax planning.
Temporary Controller for Hire – provides experienced accounting personnel to fill short-term needs as interim controller or CFO.
Weekly Accounting – staffs your entire accounting function processing transactions, reconciling accounts and preparing monthly compiled financial statements. Weekly Accounting saves you time on hiring, training and supervision of in-house accounting personnel. Weekly Accounting is a great resource for a new business and can be transitioned to monthly accounting assistance at a later date.
Accounting System Design – provides help in designing an accounting system that meets federal agency standards and produces the reports you need for management and reporting. We can also develop of accounting manuals, and advise and assist to establish procedures for internal control.
Government Contracting Services – provide professional assistance in addressing specific accounting issues such as assistance with the:
- Incurred Cost Submissions
- Development of indirect cost rate proposals and the calculation of provisional rates.
- Prepare forward pricing, historical cost submissions and incurred cost submissions (ICS). Assist contractors and serve as liaison with Defense Contract Audit Agency (DCAA) representatives and other cognizant government auditors. Pre-award, post-award and accounting systems audits. Prepare cost-impact proposals. Negotiate direct cost and overhead audit findings with cognizant government auditors
- Other basic accounting services as a part of their on-going operations, starting with the initial setup of a chart of accounts compliant with the standards under FAR, we can work with you monthly to meet your needs in the following areas:
- Customer invoicing and progress payments
- Vendor invoice processing and payment
- Payroll processing and periodic tax filings
- Monthly bank reconciliations and basic cash monitoring services
- Labor distribution reports and other payroll summaries
- Application of capitalization policies and related depreciation calculations
- Monthly financial records adjustments