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Follow on Google News | RAS & Associates Assists Aerospace Client In Being Among First Compliant with New RulesRAS & Associates Sets Structure for Sustained Self-audit and Monitoring
By: RAS & Associates RAS & Associates is a strategy and management consulting firm that has deep experience within Aerospace & Defense, Energy, Telecom/High Tech and Healthcare industries. Companies within those industries are all faced with the challenges of Government Compliance. Mr. Swanson has spoken at seminars around the country and offered webinars on getting people and businesses whose expertise lies elsewhere on board with being in-line with government regulation. RAS & Associates assisted their client, a multi-billion dollar Aerospace & Defense company, to be one of the first Government defense contractors to receive Accounting System approval under the new DFARs Business Systems Rules. How did RAS & Associates approach the challenge of bringing sense to all the red tape? RAS served.... As advisor to their client to develop understanding of the new DFARS Business Systems Rules, Business System Standards & Criterion and current DCAA interpretations and perspectives As a key member on an Audit Advisory Council; a team of industry experts, consultants and former DCAA auditors, formed to develop and sustain internal audit related capabilities of their client. As an objective party to lead in retiring systems in the client’s Material Management Accounting System (MMAS) that were deficient. Challenged their client with the reality of their current situation and developed meaningful relationships to work toward improvement. Assisted client in developing internal resources and implementing creative solutions to focus on improving overall operational effectiveness The Results… Working together, RAS and their client enabled this multi-billion dollar Aerospace & Defense contractor to not only be one of the first in their industry to achieve compliance under the new DFARs Business Systems Rules, but to develop a system of internal audit and monitoring that will allow them to maintain and sustain their achievement into the future. RAS and their client developed proactive communication approaches to: build effective working relationships with the USG/DCAA/DCMA prepare for Business Systems Audits by conducting audit readiness assessments to close on high-risk area of non-compliance respond to Business System Audit Reports and have a process in place to implement sustainable solutions. RAS offers a webcast “Understanding the Five Critical Steps to an Integrated Compliance Approach for Government Contractors” About RAS & Associates RAS & Associates is a management consulting firm based in Denver, CO. The team at RAS & Associates has vast experience working with corporations which are subject to DFARS, need to overcome corrective action responses, or are undergoing other systems audits related to accounting, inventory, and material management. The CEO, Rob Swanson, has spoken at audit and compliance conferences to educate attendees on how to drive compliance and business performance; End
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