Government Agency Contractors

CPA Accounting Services to help government buyers determine the adequacy  of an awardee's:

• Accounting and financial management systems;
• Financial capability (viability) based upon analysis and review of financial statements and supporting documentation;
• Policies, procedures, practices, and internal controls relating to accounting, estimating, and procurement;
• Management policies and decisions affecting costs.

We can also evaluate: 

• the accuracy and reasonableness of an awardee's cost estimating systems;
• the adequacy and reliability of an awardee’s records for government-owned property;
• and an awardee’s statements of costs to be incurred (cost estimates) or statements of cost actually incurred.

Audit Services for Government Contract Audits

Our auditors perform government contract audits and attestation engagements, such as examinations providing an opinion and agreed‐upon procedures,  in accordance with Generally Accepted Government Auditing Standards (GAGAS) and non-GAGAS. 

Specifically, we perform:

• incurred cost audits, including ensuring compliance with Davis-Bacon and related Acts, if applicable;
• audits of proposals to determine the allowability, allocability and reasonableness of proposed/budgeted costs and/or direct and indirect costs;
• pre-award surveys;
• and post-award audit actions, including: review of invoices, review of annual incurred cost submissions, review of provisional rate and final rate submissions, review the adequacy of internal controls, perform agreed upon procedures reviews, review change orders proposals and Requests for Equitable Adjustments, review of termination proposals.