Professionals at Federal Management Systems, Inc. are experienced in the analysis of an organization’s internal accounting controls, designed to provide reasonable assurance pursuant to objectives of the reliability of financial reporting, effectiveness and efficiency of operations, and adherence to applicable laws and regulations.  Staff persons are proficient in the evaluation of specific financial environments, performing risk assessments, initiation of control procedures, correcting deficiencies, and compliance monitoring.

Management programs integrating an organization’s internal accounting control framework are particularly designed to abide by the guidelines annunciated in Generally Accepted Accounting Principles as well as statutory precepts promulgated in the:

• Federal Managers Financial Integrity Act of 1982

• Government Performance and Results Act

• Chief Financial Officers Act

, as amended

• Inspector General Act of 1978, as amended

• Federal Financial Management Improvement Act of 1996 

• Clinger-Cohen Act of 1996 

• Federal Information Security Management Act of 2002 

• Improper Payments Information Act of 2002 

• Single Audit Act, as amended

• Office of Management and Budget Circular A-123

• Sarbanes-Oxley Act of 2002