Introduction: We provide consulting services to set up systems for federal compliance with SBIR/FAR contract management.
Your company may have an accounting system, however, the FAR requires that it have written policies and procedures to comply with the FAR 31 federal regulations. Additionally, periodic financial and technical reports are required by the contract. The accounting system has to be in compliance in order to submit them correctly. These procedures are audited on site by the Defense Contract Audit Agency.