The Federal Acquisition Regulations (FAR), their agency supplements, and the Cost Accounting Standards (CAS) were created to assure the government pays a “fair price” for the products and services it purchases from companies.
CMG specializes in helping professionals understand and comply with rules and regulations and create an internal process that is structured to prevent challenges brought by federal auditors and contracting officials. CMG can identify, evaluate, and prioritize the risks while assessing the effectiveness and efficiency of internal controls that have been put in place to manage government contracts and industry compliance. Regulations include: Cost Accounting Standards, Federal Acquisition Regulation and Audit Guide, and other explicit contractual necessities that are critical to many federal, state, and local government contracts.
