Federal accounting is not a back-office function. It is the financial infrastructure that every other management decision depends on. When accounting is accurate and current, agency leaders can make resource decisions with confidence, auditors find what they need, and program managers know where they stand. When it is not, the effects are not confined to the finance office — they spread across the organization in the form of delayed payments, unreliable reporting, and audit findings that consume months of management attention to resolve.

We provide federal accounting support across the full range of accounting operations — from day-to-day transaction processing to month-end and year-end close. Our team brings the technical expertise and federal financial management experience to perform this work at the standard federal agencies are required to meet.

The Federal Accounting Environment

Federal accounting operates under a distinct set of standards, systems, and requirements that differ substantially from both commercial accounting and state and local government accounting. The Federal Accounting Standards Advisory Board (FASAB) establishes the standards that govern federal financial reporting. The Office of Management and Budget issues the policies and guidance that shape how agencies implement those standards. And the CFO Act requires most major agencies to produce annual audited financial statements that meet those requirements.

Within that framework, federal accounting encompasses a broader set of functions than many agencies fully staff. General accounting, accounts payable and receivable, payroll processing, relocation accounting, financial systems management, and the close process at month-end and year-end each require specific technical knowledge and consistent execution. When any one of those functions is understaffed or poorly managed, the downstream effects are predictable: reconciliation breaks down, reporting becomes unreliable, and audit preparation requires the kind of reconstruction work that should never be necessary.

What We Support

Our accounting support spans the operational functions that keep federal financial management running on a daily basis. We perform this work with the accuracy, timeliness, and documentation discipline that federal standards require.

General accounting and transaction processing. We manage the day-to-day accounting entries that maintain the accuracy of an agency’s general ledger — ensuring transactions are recorded correctly, consistently, and in compliance with applicable federal accounting standards.

Payments, billings, and collections. We support accounts payable and receivable functions, ensuring that payments are processed accurately and on schedule, billings are issued correctly, and collections are tracked and reconciled against the agency’s receivables.

Payroll support. We support payroll processing activities, including the accounting entries that record payroll costs, the reconciliations that verify payroll data against the general ledger, and the coordination with human resources and payroll systems that keeps payroll accounting accurate.

Relocation accounting. We process and account for employee relocation transactions, ensuring that relocation expenditures are properly authorized, correctly recorded, and reconciled against the agency’s budget and obligation records.

Financial systems support. We support the financial management systems agencies use to record and report financial data — ensuring data integrity, supporting user access and training, and coordinating with system administrators when issues arise that affect the accuracy of financial records.

Month-end and year-end close. We manage the close process at the end of each accounting period — reconciling accounts, preparing adjusting entries, producing financial reports, and ensuring the agency enters each new period with clean, accurate books. Year-end close, with its additional requirements for financial statement preparation and audit support, receives the concentrated attention it demands.

The Reconciliation Imperative

Reconciliation is the discipline that holds federal accounting together. When account balances are reconciled regularly — against source documents, against other systems, against budget execution records — errors are caught early, when they are still small and correctable. When reconciliation is deferred or skipped, errors compound. By the time they surface, they may require reconstruction of months of transactions to resolve.

We treat reconciliation as a non-negotiable element of accounting support, not an optional add-on. Every accounting function we perform is supported by the reconciliation work that verifies its accuracy. When we find a discrepancy, we identify its source, document the finding, and resolve it — rather than carrying it forward where it will create larger problems downstream.

Working with ACG

We bring direct federal financial management experience to every accounting support engagement. Our team understands the FASAB standards that govern federal accounting, the OMB policies that shape how agencies implement them, and the financial management systems that agencies use to process and report financial data.

We scope our accounting support to where the agency needs it — whether that is coverage for a specific function during a staffing gap, surge support during close periods, or ongoing accounting support as part of a broader financial management engagement.

If your agency is managing accounting backlogs, preparing for an audit, or working to strengthen the accuracy and consistency of its financial records, we are prepared to help.

Anglin Consulting Group, Inc. provides financial solutions to federal agencies, including accounting support, audit support, and budget formulation and execution. Learn more at anglincg.com/cap/financial-solutions/