Federal departments have barely enough time and resources to meet their statutory duties.

They can’t afford problems with inaccurate financial data reporting and they can’t support the additional work hours required when systems fail to perform as necessary.

Verdi Consulting provides technical accuracy through state-of-the-art implementation techniques and rigorous in-house quality assurance programs for government accounting.

Whatever your government accounting needs, Verdi Consulting’s experienced experts know how to keep you compliant and efficient.

Because government accounting has to be right

Our government accounting systems and services consultants can assist you in:

  • Processing and reconciling transactions through proven internal control procedures and processes
  • Federal budgetary support: Reconciliations to SF-224, proprietary accounts, and fund balance analysis, including SF-132s and funds control
  • Preparing accounting and budgetary entries for accurate financial reporting compliant with United States Government Standard General Ledger (SGL) and federal accounting standards
  • Reconciling general ledger balances to support detailed sub-ledger balances, including reconciliation of cash accounts to Fund Balance with Treasury, accounts receivable, accounts payable, payroll, obligations, and accounts payable
  • Assisting in audit recommendations, implementation, and resolution
  • Assisting in interpretation,implementation and compliance with federal rules and regulations, including:
    • The CFO Act of 1990
    • Federal Managers’ Financial Integrity Act (FMFIA) of 1982
    • OMB circulars and bulletins
    • The U.S. Treasury’s Financial Management Service (FMS) requirements
    • Federal Accounting Standards Advisory Board’s (FASAB) Statements of Federal Financial Accounting Standards (SFFAS)
    • Federal Credit Reform Act of 1990
  • Providing analysis and support for general ledger, SGL, and budgetary and proprietary reconciliations
  • Preparing financial statements, including statements of budgetary resources, FACTS I and II, and SF-133 Reports on Budget Execution and Budgetary Resources
  • Fund Balance with Treasury/SF 224 submissions, reconciliations, and Statement of Differences
  • Formulating budgets and reviewing and implementing Budgetary Funds Control to comply with SGL, OMB A-11, Joint Financial Management Improvement Plan (JFMIP) systems requirements for funds control