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Overview Government
Accounting
The world of accounting has been turned
on its ear - -
presumably for the
better. The
Sarbanes-Oxley Act
(SOX) did it. Not
only are commercial
companies being
required to comply
with the tenets of
SOX, but now federal
agencies are forced
to comply with
elements of SOX and
newer ever-demanding
OMB Circulars.
Compliance with
requirements is
getting more
difficult (not
easier) for
agencies: the CFO
Act of 1990, FASAB
requirements, Joint
Federal Management
Improvement Program,
GAO requirements,
and OMB have all put
a tremendous burden
on federal financial
professionals.
Agencies are already
strapped for
resources to merely
meet their own
internal
requirements - -
let alone comply
with mounting new
requirements.
FAS Group:
A professional
consulting firm
specializing in
finance and
accounting
infrastructure and
management services.
A
woman-owned business, the FAS Group is an
8(a) certified
small business
enterprise focused
on improving our
clients' business
processes to
increase efficiency
and improve overall
business
performance. FAS
Group is teamed with
companies that have
the knowledge,
experience and
ability to provide
the
best financial
management
infrastructure
services.
Washington
D.C. Area Based: The FAS Group Team is Washington based with principals that have
been based in
Washington for
decades.
Experience:
The FAS Group Teams’
principals and staff
come from deep
experiences in many
federal contracting
companies and have
further served under
federal agency
accounting
contracts. The FAS
Group Team takes
national accounting
firm practices and
methodologies and
applies them in
federal engagements
- - without the
national firm
several-hundred-dollars-a-partner
allocated cost.
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