Ongoing Compliance & Management

Keeping you on track with the federal government.

The Federal Acquisitions Regulations (FAR) are complex and exacting. At Jameson, we make it our job to know FAR
and to keep your business and your government awards safe and sound.

FIND ME

You’ve won your award and set up your FAR-compliant accounting systems.

Now what?

The way we see it, you have three options.

1. Spend a lot of time managing your accounts, researching the FAR and Cost Accounting Standards, and neglecting the other aspects of your business.

2. Trust your tax CPA to handle it, even though he seems confused by acronyms like SBIR or ARPA-E.

3. Turn to a true expert like Jameson to oversee your financial relationship with the federal government.

We specialize in federal government grants and contracts. It’s all we do. And we know how to help you navigate every phase, so you are always “audit ready.” At the end of the day, our ongoing involvement means you get to focus on your innovation, your business, and your future.

THE JAMESON SOLUTION

Keeping watch over your accounting system, your awards, and your future.

Maintaining a compliant accounting system is complex and time consuming. If you choose, the government grant and contract experts at Jameson can take much of this burden off of you. These ongoing services will ensure that you are always audit-ready.

The Essentials

Once your accounting system is established and your award is in place, your system needs to be properly maintained. At its core, we oversee your financial relationship with the federal government including:

  • Performing an annual “deep dive” to ensure that the system and all checks and balances are functioning properly
  • Preparation of your annual incurred cost submission
  • Representing you during all government audits; and negotiating your indirect cost rate
  • Periodic check-ins to ensure accountability and provide your accounting support staff with a sounding board.

Options

Jameson does not offer cookie cutter solutions but, instead, tailors client-specific programs based on your unique needs. We can provide just The Essentials, a turnkey outsource solution, or something in between. Some of our optional services include:

  • Government invoicing
  • Quarterly FFR reporting
  • Year end indirect rate & transaction planning
  • Year end tax planning & preparation
  • Strategic planning and indirect rate development & re-budgeting assistance
  • Cash flow monitoring and process vendor payment twice/month
  • Cash reconciliation, payroll and benefits management
  • Policies, procedures & processes
  • Preparation of contract/grant close out documents
  • Job cost reporting, executive summary reporting, management spending alerts

 

Contact Us

Tim Tschirhart, CPA

FAR expert
Learn more
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209 Burlington Road | Suite 215 | Bedford, MA 01730 | Phone: (781) 862-5170Privacy | Terms of Use | Copyright Jameson & Company 2018
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