Booth Management Consulting, LLC

Government contracts and grants make up a large share of the work at Booth Management Consulting, a licensed CPA firm in Maryland. The firm was founded in 1998 and describes itself as a regional accounting, auditing and management consulting business, with clients in federal, state and local government as well as in commercial and not-for-profit organizations.

Compliance and contract audits for government clients

Compliance auditing is the firm's central service. It carries out contract audits for federal government agencies and helps agencies respond to findings from the Government Accountability Office or inspectors general. Its work covers FAR and CAS audits, OMB audits, attestation engagements, and financial analysis and assessment for clients whose budgets are reviewed closely.

Internal controls and audit readiness

The firm designs, implements and tests internal controls, aiming to give clients a system that holds up under review. It also helps clients prepare for audits by drafting internal audit plans and carrying out audit functions, so that they are ready when an auditor arrives. The company says its methods combine public and private sector practice to deliver controls that can be shown to work.

Procurement, acquisition and contract closeout

Acquisition support runs through the whole procurement cycle. The firm drafts statements of work and statements of objectives, prepares performance work statements, prepares government cost estimates and procurement plans, and helps write requests for proposals. Its services extend to contract closeout, which the company treats as part of the same process rather than a separate task.

Grants and contract management

The firm helps grant programs plan their resources, operations and compliance so that the programs meet their objectives. The company describes grants management strategies and risk measures as a way of protecting program performance in a budget climate where cost is under close watch.

Accounting and back-office support

End-to-end accounting services give clients a clear view of their finances, and the firm says it works to give them as much transparency as possible over their internal financial elements. Human resources and administrative support cover the back-office work that agencies and organizations need to keep running.

Ownership status and client base

The firm says it is a minority-owned small business and a woman-owned small business, and that it holds licensed CPA status in Maryland. Its clients include federal, state and local government agencies, commercial firms and not-for-profit organizations, and the firm describes its aim as adding value through a high standard of service and a commitment to delivery.