Financial Operations & Reporting

We review for consistency with accounting policies and procedures; ensure that project financial reporting processes and controls are setup; check that budgets and actuals are properly tracked and reported; ensure that billings and invoices are timely, accurately, and complete.

Findings include:

  • final payments disbursed without approved contract closeouts
  • delayed invoice payments, resulting in potential cash management issues
  • invoice payments allocated to the wrong project, causing delays in payments
  • budget-tracking software errors resulting in inconsistent paid-to-date amount

Request a Free Consultation