Audits, indirect rates and cost reviews for organizations that answer to the government.
We help federal contractors build compliant accounting systems, develop defensible indirect rates and file incurred cost submissions on time. We also perform audits and cost reviews for public agencies, and SSARS financial statement reviews for construction contractors.
- Incurred cost submissionFYE + 6 moFAR 52.216-7(d)
- Single Audit reporting packageFYE + 9 mo2 CFR 200.512
- Accounting system reviewPre-awardSF 1408 · DFARS 252.242-7006
- Certified payrollWeeklyDavis-Bacon · WA prevailing wage
What we do
Fixed-fee and ongoing engagements, scoped to your contracts, funding sources and audit timeline.
Government audits
Financial statement audits, Single Audits under Uniform Guidance and agreed-upon procedures for local governments, special districts and organizations receiving federal awards.
Construction cost audits
Review of contractor pay applications, change orders, GMP and cost-plus billings, closeout costs, and certified payroll and prevailing wage compliance on public projects, so owners pay only what the contract allows.
Reviewed financial statements for contractors
Review engagements under SSARS for construction contractors who need reviewed statements for surety bonding, lenders or public-owner prequalification, including WIP schedules and percentage-of-completion revenue under ASC 606.
Incurred cost submissions
Annual ICE/ICS preparation, schedule reconciliation to your books and support through audit questions. Year-one setup, then a lower annual renewal.
Indirect rate development
Pool and base structure, provisional billing rates, forward pricing rates and year-end true-ups, with unallowable costs screened out under FAR 31.205.
Accounting system readiness
Pre-award and SF 1408 readiness reviews, timekeeping and job cost controls, and the written policies DCAA expects to see.
Contract audit support
Preparation for DCAA, DOE and prime contractor audits, including document requests, rate support and responses to findings.
Internal control monitoring
Ongoing data analytics over payroll, vendor master files, AP and cash receipts that flag risk early and document what was tested.
Governmental accounting
Financial statement preparation, new standard implementation and special projects for transit agencies, special districts and municipalities.
Organizations that answer to a government auditor
Federal contractors
Firms with their first cost-type contract, or growing past what their bookkeeper can handle on rates and ICS.
DOE and defense subcontractors
Subs to prime contractors who need rates, audit support and flow-down compliance without a full-time compliance staff.
Construction contractors and public owners
Contractors who need SSARS reviewed financial statements for bonding and lenders, and public owners who need contractor billings audited.
Public agencies
Local governments, transit agencies and special districts that need an audit or an experienced governmental accountant for a defined project.
Approach
Assess
We review your records, contracts, funding sources and prior submissions, then tell you plainly where the gaps and risks are.
Build or test
We set up the rate structure, policies and reconciliations, or perform the audit procedures, and document every conclusion so it can be explained to a reviewer.
Report and support
We deliver the submission, report or findings, walk your team through them and stay available when an agency, prime or auditor sends questions.
Led by Sara Marshall, CPA
Axis Advisory brings 17 years of government and contractor accounting experience to every engagement. Sara began her career at the Washington State Auditor's Office and went on to work inside DOE prime contractors at the Hanford Site, in cost accounting, compliance and internal audit.
We give smaller contractors, construction firms and public agencies the level of audit and compliance work that large primes have in-house, scaled to their size and budget. We work with clients across the Pacific Northwest, the West Coast and the Mountain states.
- Certified Public AccountantWashington
- Licensed CPA firmAxis Advisory LLC
- MRSC consultant rosterWA local gov
- Institute of Internal AuditorsPast chapter president
Let's talk about your audit, your rates or your project
A first call is free. Tell us what contracts or funding you have and what deadline is coming, and we'll tell you what it would take.
Phone: 509-539-0633
Email: sara@axisadvise.com
Based in Richland, Washington. Serving clients on site and remotely.