Business Advisors MD

Wai & Associates is SBA Certified 8a Small Business


   
 
Our Services
Audting & Audit Support
Accounting & Financial Management
ERM & Internal Control
Business Development


Accounting & Financial Management
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Wai & Associates provides client-tailored services in accounting and financial management. Our portfolio of services are listed and further described below:

  • Accounting Support
  • Financial Statements Compilations & Reporting
  • Budget Formulation & Execution Support

Accounting Support
We provide support in interpreting and implementing new accounting standards and policies, changes in accounting application, and correction of errors in accounting application. We also provide a full range of financial management support solutions to help our clients address their day-to-day accounting and financial operations effectively and efficiently.

Our financial management support services include:

  • accounting policy review and implementation
  • accounting operations support;
  • account balance validation;
  • account reconciliations including grants and fund balance;
  • preparation of depreciation schedules; and
  • addressing auditor requests.

Financial Statements Compilations and Reporting
We assist both our clients in compiling quarterly and annual principal financial statements, footnotes and accompanying schedules such as FACTS I and FACTS II, Treasury Cross-Walk, as applicable in accordance with OMB Circular A-136 and Treasury Financial Manual and generally accepted accounting principles. We also provide support in Government-wide Financial Reporting System (GFRS) and Government-wide Treasury Account Symbol Adjusted Trial Balance (GTAS) Reporting processes.

Budget Formulation and Execution
We provide solution that helps our clients manage their budget formulation and execution process smoothly. Our top-down approach allows our clients to align their strategic goals and operating plan with their budget as underlined by their financial management policies. Our experienced accountants come equipped with the ability to forecast performance plans required to formulate a budget; facilitate budget formulation reviews and discussions; and monitor and report actual performance against planned performance measures. We are proficient in helping our clients meet the application requirements for developing federal government budget and performance reporting in accordance with OMB Circular A-11 and Government Performance Results Act.

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Audting & Audit Support

As a licensed Certified Public Accounting firm, WAI provides attestation services in accordance with generally accepted auditing standards.

Accounting & Financial Management

Our financial management services include accounting support, financial statements compilations and reporting, internal control advisory, and enterprise risk management.

ERM & Internal Control

In today’s tight budget environment and increased public scrutiny, there is no better way to do more with less than becoming more efficient and effective.

Business Development

Wai & Associates provides a uniquely set of business development services tailored to the needs of each of our clients. We design our portfolio of tax services bearing in mind.

 

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