Markham & Associates, P.C.
Certified Public Accountant
Internal control is a series of accounting procedures designed to promote and protect sound management practices, both general and financial. Implementing sound internal control procedures will increase the likelihood that financial information is reliable, assets and records of the company are appropriately safeguarded, and the organization's policies are followed.
While you focus on the daily demands of managing your company, we can help by evaluating your accounting internal controls. Our experienced staff will gain an understanding of how your accounting system functions, conduct tests to determine if it functions as designed, and will make recommendations to you regarding accounting procedures that should be strengthened.
Securing federal contracts can prove profitable for engineering and surveying firms.
However, they most commonly require a calculation of overhead costs in accordance with Federal Acquisition Regulation (FAR) requirements under the AASHTO Audit Guide.
Markham & Associates, P.C. has performed FAR audits for many of our engineering firms that work on federally funded projects. We have extensive experience in executing this type of audit. Our company has been peer-reviewed, and is one of the only firms regionally with this distinction.
Our services can help you avoid potential problems that could delay your payments, allowing you to efficiently meet federal reporting requirements for the contracts on which your business may depend.