Audit preparation support

Want your audit to go smooth?  Contract with CPFF for some pre-audit preparatory support.  Our pre-audit preparatory support includes a general review of the data, materials, and information you will be providing to the Auditor and a quick flagging of any information that is missing or looks weak or disorganized.  CPFF’s pre-audit preparatory support follows AORP – Assemble, Organize and Obtain, Reconcile and Prepare. 
 
Assemble, means assisting you in pulling together all of the necessary information in one location.  Organize and Obtain allows us to help you make sure that the information and data you are providing comes across as well organized and easy to review by the auditor. Reconcile allows us to support you in your efforts to remove any un-reconciled data or “hanging data” in a manner acceptable to the auditor.  Under the Prepare heading we assist you in making sure that all of your permanent records are finalized for the purpose of the audit and for years to come.    
 
Consider contracting with CPFF to serve as the catalyst to make the audit process less disruptive, and less costly.

(We say that because some US Government Agencies have stated publicly that they can "go after a prime contractor" and "get as much as 3%" of the total contract reimbursed back to the  US Government. If your profit margin on a given contract is low to begin with a negative audit determination can cut into your bottomline - and many years after your contract is completed.  A "useful" audit is one where our client doesn't reimburse a thing, but recovers both their actual allowable costs AND their expenses through the audit process.)