Compliance
Being prepared is half the battle
Witcher & Stewart assists business partners with budget activity, proper expenditure coding, document preparation, and other accounting-related activities. We review the work completed by the bookkeepers, bank reconcilers, and accounts payable clerks to ensure accurate financial transactions.
We’ll find out where you stand as a corporation or an individual with your tax compliance, getting transcripts, identifying tax liability and it’s expiration dates while finding out where you stand with the IRS
We also provide leadership and guidance in Generally Accepted Accounting Procedures (GAAP), GAS (Government Auditing Standards), Cost Accounting Standards (CAS) and Federal Acquisition Regulations (FAR).
There are 7 key elements in Compliance responsibilities
- Policies & Procedures.
- Chief Compliance Officer/Compliance Committee.
- Education & Training.
- Monitoring & Auditing.
- Responding To Issues.
