№ files_lp_4_process_3_082772
Questionnaire form used by government agencies and auditors to collect structured information about the ownership, operations, accounting systems, and internal control procedures of engineering consulting firms in accordance with federal cost principles and audit guidance.
Document Title: Internal Control Questionnaire (ICQ) for Consulting Engineers
Document Type: Internal control questionnaire
Industry: Engineering consulting
Subject: Internal controls and accounting practices
Applicable Standards: AASHTO Uniform Audit & Accounting Guide (2015 Edition), FAR Part 31 (48 CFR Part 31)
Relevant Regulation: Federal Acquisition Regulation (FAR) Part 31
Organizations Referenced: AASHTO, U.S. Federal Government agencies, State and Local Government agencies
Primary Users: Engineering consulting firms and government agencies
Purpose: Collection of information on internal controls, accounting policies, and financial practices
Scope: Corporate background, ownership, revenue sources, accounting methods, internal policies, and audit information
Required Attachments: FAR Part 31 Overhead Audit Report, Indirect Cost Rate Schedule, Cognizant audit report or letter, financial statements, chart of accounts, independent auditor’s report, sample timesheet, company policies
Information Requested: Company structure, ownership percentages, services provided, office locations, number of employees, revenue distribution, contract types, accounting policies, audit history
Accounting Topics Covered: Fiscal reporting period, accounting basis, indirect cost rate development, billing practices, timekeeping, cost allowability, overhead calculation, compliance with FAR and CAS
Price: 8 / 10 USD
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