General Ledger Accounting
The FMS team is available to provide General Ledger (GL) accounting and reporting services to our customers. These services include, but are not limited to, opening/closing accounting periods, recording accounting activities for period end, accruals, adjustments, and close out.
Our team reviews and analyzes general ledger trial balance for abnormal and inappropriate balances or any other reporting discrepancies to determine corrective actions. In addition, our experts analyze trial balance relationships and develop controls to ensure the integrity of Financial Statement data.
FMS prepares accounting reports required by the Department of the Treasury, Office of Management and Budget, and any required Agency-specific reports. Reports include:
- Year-end closing statements
- Statements of accountability
- Consolidated Agency financial statements
- Budget execution and budgetary resource reports
Audit and Compliance
Our team of specialists work through the audit process with the Office of Inspector General and customer Agencies to provide audit and compliance support as needed. This includes preparation of audit documentation and internal control documentation.