The complexity of reporting requirements placed on Federal agencies has placed a significant demand on available resources. DPG has the knowledge and experience to assist Federal agencies with accounting and financial reporting needs. For example, we offer assistance in performing account reconciliations, researching and processing transactions, and preparing financial statements and related reports. DPG also maintains expertise in credit reform accounting to assist agencies in recording program subsidy transactions, re-estimates, and modifications.
In today's environment, financial reporting is a significant undertaking, which requires an understanding of myriad Federal reporting requirements (e.g., OMB Circular A-136, FASAB Standards, USSGL Guidance, the Treasury Financial Manual, and agency policies). However, understanding the standards is not enough. It is crucial that this core knowledge is enhanced by the experience of implementing such standards. Furthermore, an understanding of the entity's legislation, mission, operations, and financial systems is what helps bring a set of financial statements into a well-developed Financial Reporting package. DPG considers these options in assisting agencies with financial reporting.