Accounting Standards Compliance Assessment and Remediation.
AOC provides superior accounting assessment and remediation services to Federal agencies to bring their financial processes and related policies and procedures into compliance with GAAP, FASB standards and government-wide requirements.

Financial Systems Requirements Compliance Support, Assessment and Remediation
AOC provides assistance to agencies in their business modernization efforts encompassing a multi-phased approach toward migrating their outdated, unsupported, stand-alone financial systems to ERP systems, including those hosted by a shared service provider, in compliance with Federal Financial System Requirements (A-127).

Standard General Ledger Analysis and Remediation
AOC provides extensive knowledge, and direct and relevant experience with SGL and SGL transactions as well as providing assistance to agency reconciliation and analysis activities. A specific AOC strength is providing guidance and support to agencies in cleaning up their accounting data and developing corrective actions to prevent errors from recurring.

Statistical Analysis
AOC statisticians develop and apply models to perform statistical data analysis including reviews of agency improper payments and development of accrual estimates for inclusion on an agency’s financial statements.

Financial Statement Support and Annual Reporting
AOC supports the preparation of agency quarterly and annual financials statements, including accompanying notes and related flux analysis of statement line items. We provide demonstrable expertise in the design, development and production of agency Performance and Accountability Reports and related Citizen Reports in accordance with OMB Circular A-136, Financial Reporting Requirements. AOC has been a key contributor in work resulting in numerous Certificate of Excellence in Accountability Reporting (CEAR) awards.

eCommerce
AOC provides direct and relevant expertise, as well as state-of-the-art tools for applying commercial electronic commerce technologies and business practices to improve Federal buying and purchasing operations.

Grants management Capability and Compliance Assessments
AOC staff includes former Federal financial managers with prior responsibility for Federal grants management programs. Our experts assist agencies in ensuring their grants system and processes are in compliance with Federal requirements including OMB Circular A-110, Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations