Financial Reporting and Government Contract Accounting

Financial Reporting and Government Contract Accounting Monfalcone & Garris can help owners manage their business by organizing the accounting records into formal
financial statements with two levels of assurance, compilation and review, and provide you with cash flow projections and budget creation.

We can also assist businesses in navigating the complex process of getting a government contract and in the preparation of required annual and periodic reports.

FINANCIAL REPORTING
- Financial Statement Reviews and Compilations – requested by banks and other lenders
- Personal Financial Statements – requested by banks and mortgage companies
- Cash Flow Analysis – for business operations, planning and projections

GOVERNMENT CONTRACT ACCOUNTING
- Accounting System Implementation and Assessment – assist with setting up and maintaining the accounting system to be in compliance with DCAA requirements
- Indirect-Rate Calculations – assist with calculations for proposals and periodic verifications of actual rates
- Incurred Cost Submissions (ICE Reports) – prepare and submit ICE reports, including analysis of trial balance, direct costs and invoicing