Situation
A top 10-ranked architecture and engineering (A&E) firm with more than 100 locations worldwide and 10,000professionals was unsatisfied with the guidance provided by a large national firm. The A&E firm sought a team that understood the FAR Part 31 Cost Principles, as it believed the prior team provided inadequate support through the oversight audits by the state department of transportation agencies.
Cherry Bekaert’s Guidance
Cherry Bekaert performed multiple FAR compliance audits and advised the government contractor regarding total time accounting, Cost Accounting Standards and indirect rate structuring.
Result
The A&E firm was very pleased with Cherry Bekaert’s level of expertise and our ability to interact with the state audit agencies to quickly and efficiently resolve any audit findings.