As experts in government auditing standards, cost accounting, and internal control standards, the certified public accountants at Hunter & Associates help companies compete and comply when marketing to the government.
COMPETE
- Pre-award audits
- Forward pricing rate calculations
- Project cost accounting
- Cost proposal development and support
- Performance audit
- Bonding capacity assessment
- Surety and Banking Consultation
- Financial position analysis
- Cash flow projections
- Contracts-in-process schedules
- Cost records
- Bank line of credit support
- Calculation of indirect cost rates
COMPLY
- Incurred cost rate submissions
- Financial statement auditing
- Federal contract cost accounting
- Yellow Book audits
- Construction accounting
- Internal control audits
- Pre-award accounting system survey audit support
- DCAA audit support
- DCMA Quality Management System audit support
- DCMA/DCAA financial capability audit support
- Contractor Purchasing System Review (CPSR) support
- Overhead rate audits (SOIC audits)
- Compliance audits
- Single audits
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;
- 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;
- 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.
