Government Contractor Business Systems

  • Evaluated and assessed Department of Defense Federal Acquisition Regulation Supplement (DFARS) and other required regulatory compliance for a publicly traded, international biopharmaceutical company. This included evaluating the existing internal controls environment, assessing the effectiveness of the controls, identifying control gaps, and providing implementation assistance to remediate identified gaps or weaknesses. Within one year after completion, agency auditors did not identify any deficiencies within the company’s Earned Value Management System (EVMS) and accounting systems.
  • Assisted a publicly traded information technology consulting company with a review of its critical business systems, including the accounting, estimating, EVMS, purchasing, and property systems. The scope was to evaluate the related policies and procedures per the DFARS business system rules requirements and other applicable government regulations such as the Truth in Negotiations Act (TINA), the Federal Acquisition Regulation (FAR), and the Cost Accounting Standards (CAS). We evaluated the design and operating effectiveness of the internal controls and provided management with recommendations based on the results.
  • Performed an estimating system review and assessment for a health and human services contractor. This review included a gap analysis of the existing policy and internal control structures, which resulted in recommendations to address the identified deficiencies. We also performed an evaluation of the company’s accounting policies in accordance with the DFARS business system rules requirements.