"The Stambaugh Ness professionals and staff have always given us prompt service beyond our expectations. The firm has provided the highest level of expertise combined with a proactive and innovative approach to providing business solutions, as evidenced by the steady growth of our company." -- Lynn E. Knepp, CPA, Senior Vice President and Treasurer – Gannett Fleming Inc. |
The Stambaugh Ness AEC Group is highly experienced in working with A/E firms in all areas, including FAR audits. We provide our group members with annual FAR training and have developed best practices that we use on all of our FAR audits. Our clients will be the first to tell you our highly experienced and trained Architectural, Engineering and Construction (AEC) professionals have repeatedly delivered exceptional client service well beyond those of the typical CPA firm. Our team members have an uncompromising focus, commitment and passion for their work within the industry.
Our clients have benefitted from our: - Strategic relationships with nationally known resources that can provide the most up-to-date information and best practices
- Collective, targeted experience of nearly 200 years over a span of 50 years
- Robust tax team dedicated to minimizing tax liabilities through structured entities
- Memberships in a number of dedicated professional organizations to stay abreast of industry changes and future expectations
- International Financial Reporting Standards (IFRS) expertise
- Solutions customized according to needs that are highly defined by clients
- Affiliation with Stambaugh Ness Business Solutions, a Deltek Vision and Vision Small Business Partner that can deliver a full complement of services development. In addition, we provide networking and technical consulting.
Federal Acquisition Regulation (FAR) Services Our government contracting clients also benefit from our specialized FAR Services that help them to calculate overhead costs with confidence. The high level of skills and knowledge of our team are applied to: - Internal controls review to confirm segregation of direct and indirect expenses as mandated, including the identification of expenses that are allowable and unallowable
- A thorough review of accounting systems and controls to test compliance with regulatory and contractural requirements at state and federal levels
- A FAR audit report prepared with overhead rate calculations included
- The preparation of a management report that includes recommendations for improvements of internal accounting systems and controls and assurance that methods for allocating costs to cost objectives that have been set
- A review of the methods used to allocate costs to cost objectives to make sure they are equitable
- A review of all reimbursable costs to make sure they are being recovered
We welcome the opportunity to discuss your particular concern during a free consultation.
Read our free, very informative eNewsletter or register for our eNewsletter... If you have questions or would like to schedule a free consultation, please call, or email Scott Hursh using the form below. |