Cotton & Company LLP
 
Services - Consulting

Management Consulting

Financial Statement Presentation: Agencies face new obstacles and challenges every day in meeting the ever-changing demands of Congress, OMB, and Treasury. We understand how these sometimes radical changes impact an agency's ability to produce auditable financial statements. Our experienced team members effectively and efficiently analyze client needs, assist them in overcoming these new hurdles, and provide both short- and long-term solutions.

Reconciliations: C&C knows the difficulties that agencies face: inconsistent interfaces, inadequate system design, internal control gaps....and we understand the reconciliation differences caused by these problems. We can help resolve these differences and develop custom solutions to assist in these efforts.

Business Process Reviews: The path to successful business operations starts by understanding the terrain, identifying possible pitfalls, and, most important, knowing the desired outcomes. We can review your complex financial operations, identify weaknesses, and determine the appropriate corrective action. Our resolutions will provide a cost-effective means for bridging the gaps in any financial process.

Data Analysis: Financial data are sometimes voluminous and often comprised of complex accounting transactions. C&C's data analyses have helped agencies identify fraudulent activity, invalid accounting models, evidence for litigation support, accounting estimates, subsidy rates, and cost rates.

Audit Resolution: As a result of auditor demands and findings spanning all areas of agency operations, our clients find themselves addressing extremely complex accounting issues. We can help meet those exhaustive challenges by developing, implementing, and executing solutions.

 

Commercial Consulting

Complying with accounting standards, cost principles, FAR provisions, and numerous other "fine print" contract requirements can be overwhelming and costly. But failing to comply can cost even more.

Let us review your contract to reveal compliance problems and prescribe corrective measures to avoid difficulties later in the contract cycle. As auditors, we have a thorough understanding of the audit process that can save you substantial time, money, and anxiety. We can help you prepare for an audit, explain information requests, and help you determine how to comply.

Difficult issues arise in contemplating a bid protest, an audit appeal, or when facing contract termination. We can help you weigh your options, research precedents, and explain relevant procedures.

Our litigation support services include auditing claims, preparing for depositions, and serving as expert witnesses. And if contracts are terminated, we can help maximize recovery of allowable costs.

Contact David Cotton for your no-cost initial consultation.

 

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