Accounting & Compliance
Grant Engine is committed to providing world-class grant strategy and writing that increases your chances of a significant federal award. Once you receive your funding, or if you already have funding, we can provide you with the necessary expertise and experience to avoid risks associated with government grant accounting & compliance, as well as future grant writing. If you have questions about our accounting services or would like to discuss using Grant Engine’s accounting and compliance services, please give us a call or fill out our Contact Us form using the link below.
General
Accounting
Accurate, Compliant, Trustworthy
Bookkeeping on a daily, weekly or monthly basis, General Ledger set-up, and all financial reporting.
- Maintenance and management
- Bookkeeping (daily, weekly, or monthly)
- Reporting
- Tax consulting
- Accounting system set-up, training and support (Quickbooks and Xero)
- Non-profit accounting, set-up and filing for 501 c3 classification
Grant
Accounting
Your Risk, Managed
Grant Engine’s Team are experts in the field of Government Grant Accounting for startups and Small & Medium Enterprises. All of your proposals and projections will be managed effectively by us, enhanced by our full-service bookkeeping and grant accounting options. Your company policies will be created and written by us to comply with grant regulations.
We assist with the following:
- Full service bookkeeping and grant accounting
- Grant compliances and draws
- Indirect Rate Negotiation
- Monthly, Quarterly and Annual reports and filing
- Complete audit support and management
Financial
Planning
Experienced in Growth
Our competent and thoroughly professional Company Controller or interim CFO on an as-required basis are here to assist in your growth. We provide operational to financial modeling to ensure that your business is scaled and updated with a reliable cash and working capital forecast.
We offer in-depth analysis of financial statements, along with the necessary planning.
We assist with the following:
- Financial modeling and planning
- Analyze financial statements and planning
- Assist management with budgeting and forecasting
- Manage and monitor cash flow
Audit
Preparation
Rest Assured via Compliance
Through our consistent audit methodology and state of the art audit tools, we provide our clients with a high-quality audit preparation that provides compliance with laws and regulations. We operate programs that achieve their objectives; and provide services in a efficient, effective, economical and ethical manner.
We offer the following audit solutions to address our clients’ needs:
- Agreed upon procedures
- Audit readiness
- Examinations
- Financial statement audit preparation
- Performance audit preparation
- Compliance audit preparation
- Internal control testing
What Are Allowable and Unallowable Expenses in an SBIR?
The Small Business Innovation Research (SBIR) program is essential for scientific and technological advancement, requiring meticulous financial management. Understanding the distinction between allowable and unallowable expenses under this program is crucial for...
HELP AVOID THE SIGNIFICANT PAIN OF TAX CODE SEC. 174
Your support by signing a SBTC letter will help your firm and others fight the painful tax code of Sec. 174 that is currently in effect. If you are not already aware, Section 174 of the IRS tax code comes into play for tax year 2022. The impact of Sec 174 is...
Knowing the Difference Between Accounting and Bookkeeping
The two terms have become interchangeable in many ways, but accounting and bookkeeping are very different. Both are necessary for any business. Keeping meticulous financial records is all the more important for grant recipients who must remain compliant with the...
Resources for Competitive Intelligence Gathering
Strong competitive intelligence gives you an edge in competing for grant funding. It gives you a greater understanding of how your assets and goals, compared to those of others in the market, can shape your strategy and ultimately, your proposal. Competitive...
Financial + Reporting Obligations of Grant Winners
As a potential NIH grant recipient, you may be wondering: “What’s the catch?” Understanding what grant recipients have to give back to NIH, in terms of compliance and oversight, is an important step in the process. Some potential recipients hold back from applying due...