Government contractors face a vast amount of public and audit oversight that entails careful planning and risk management.
These risks include disallowed costs, payment withholds for noncompliant business systems, penalties, fines and loss of credibility with government clients. Understanding the regulatory governmental framework and audit mindset and how to adequately prepare for this level of oversight will place you a step ahead in mitigating your risk.
Keegan Linscott’s Government Contract Audit Group specializes in helping companies understand these complex and ever-changing rules and regulations. In addition to the services we provide to government contractors, we have also successfully represented various governmental agencies handling a wide variety of matters. Consequently, we understand issues from multiple viewpoints.
OUR EXTENSIVE GOVERNMENT CONTRACTOR EXPERIENCE INCLUDES THE FOLLOWING AREAS:
- Cost bid proposals
- Business systems review
- Cost accounting standards
- Contract audits
- Technical assistance
- Employee benefit plan audits
- Risk advisory services, including contract compliance and cost recovery, and internal audit
For our clients who do business with state Departments of Transportation, we are experts in the proper application of the AASHTO Audit and Accounting Guide. Because we are experts with cost allowability in accordance with FAR and cost allocability in accordance with CAS, we can assist you with the preparation or evaluation of overhead rate submissions and/or assist you with the resolution of audit issues and/or findings.