Emerging Business Services- Emerging business establishments in today’s business environment are faced with challenges, some of which are affected by internal decisions while others are the result of global economic forces. Our experience in providing management advisory services to businesses over the years has taught us that a lack of planning, limited staff expertise, limited access to capital, inadequate marketing, and inadequate or untimely financial data are some of the primary factors which adversely affect the growth and prosperity of emerging businesses. We provide a broad spectrum of emerging businesses with advisory services in the following areas:
• Indirect Cost Allocation Plans for Not-For-Profit Organizations
• Preparation of Accounting Policies & Procedure Manuals
• Inventory Management
• Assistance in Resolving Compliance Audit Findings & Implementing Corrective Internal Controls
• Business Acquisition Reviews
• Preparation & Analysis of Financial Forecasts & Projections
Government Contracting Services- Okeh & Associates, PC has been providing services to government contractors. Businesses engaged in or contemplating doing business with the government are faced with requirements that are significantly different from those encountered when doing business in the commercial sector. Some of the issues that we can assist government contractors with include:
• Cost Accounting Systems Design
Analysis of existing cost accounting system design to determine compliance with government cost and documentation standards. Where deficiencies are noted, solutions are proposed which not only assure compliance, but also enhance cost recovery.
• Establish Indirect Cost Allocation Plans
In toady’s competitive pricing environment, high indirect rates generally result in an organization realizing smaller profit margins or being unsuccessful at procurement efforts due to price competition. Our firm can assist your organization in establishing bidding rates and provisional billing rates and analyzing cost allocations to ensure compliance and cost recovery.
• Compliance with Cost Accounting Standards
Whether necessitated by government audits or a desire to enhance contract administration efficiency, our firm possesses expertise in resolving noncompliance issues such as interpreting and assisting in the implementation of cost accounting standards.