CGS’ professionals possess a unique blend of Big 4 accounting and auditing, industry experience and government contracting expertise to bring value to our clients. We tailor our services to deliver value to a broad range of clients across many different industries. Whether your company is new to government contracting or has significant contracts, we can help to improve compliance and profitability.
Certain contracts with state & local governments require contractors to obtain a FAR Part 31 Financial Statement Audit from a qualified CPA. CGS' public accounting, industry experience and government contracting expertise uniquely position it to opine on such subject matter. CGS delivers a risk-based audit approach tailored to each client's industry and operations.
Cost accounting and cost estimating represent fundamental concepts for government contracting. An accounting system that supports a company’s operations, financial reporting framework and compliance requirements is critical for success.
Large, well established DoD contractors are required to maintain six key business systems including accounting, estimating, government property, etc. These systems are fundamental to being a successful DoD contractor. We can help to evaluate your current systems relative to the DoD's requirements, and we can help to design and implement any necessary improvements and enhancements.
Reliable and accurate Cost Accounting is critical to obtaining, maintain and executing government contracts successfully and profitably. CGS leverages its expertise in government cost accounting to ensure that our clients are well equipped to handle the cost accounting requirements of government contracts thereby helping to ensure that they are well positioned for success.
Cost Estimating is a fundamental requirement of government contract accounting. Preparing accurate and reliable cost estimates when bidding on contracts is critical to being a successful government contractor. CGS is well versed in cost estimating including many of the pitfalls that result in poor cost estimates.
As a Prime Contractor, you are essentially “standing in the shoes” of the government, and as such, the Prime is responsible for the proper oversight of its Subcontractors. This is particularly true if the both the Prime and the Subcontractors are performing under cost-plus contracts. Managing cost and performance is critical for both the Prime and its Subcontractors.
The government typically puts the majority of the responsibility on the prime contractor or upper-tier subcontractors, when it comes to subcontractor oversight. Many prime contractors or upper-tier subcontractors cannot dedicate resources to perform this audit. CGS’ professionals possess a unique blend of cost accounting and industry experience as well as the regulatory expertise to aid prime contractors to meet their subcontract audit needs.
Anim pariatur cliche reprehenderit, enim eiusmod high life accusamus terry richardson ad squid. 3 wolf moon officia aute, non cupidatat skateboard dolor brunch. Food truck quinoa nesciunt laborum eiusmod. Brunch 3 wolf moon tempor, sunt aliqua put a bird on it squid single-origin coffee nulla assumenda shoreditch et. Nihil anim keffiyeh helvetica, craft beer labore wes anderson cred nesciunt sapiente ea proident. Ad vegan excepteur butcher vice lomo. Leggings occaecat craft beer farm-to-table, raw denim aesthetic synth nesciunt you probably haven't heard of them accusamus labore sustainable VHS.