NetStar-1

Federal Government Financial Management

NetStar-1’s approach to Strategic Cost Management is to analyze cost in the context of performance – thereby eliminating the false impression that high host is “bad cost.” Instead, integrating cost and performance management can help shed light on the true cost associated with a given level of performance. Strategic Cost Management models and analyses help managers make decisions by providing insight into the full cost of service delivery, the performance achieved at a certain level of cost, and the potential areas for improved cost efficiencies.

From an Audit Remediation & Internal Control perspective, we provide technical expertise in Federal and GAAP accounting and audit practices and standards. NetStar-1 provides recommendations on ways to improve any emerging financial reporting material weakness, including the development and documentation of actionable policies, plans and procedures in order to implement internal controls.

NetStar-1 can also support your Agency’s objective of revamping its financial management system, while also improving accountability and improving internal controls. We draw on our extensive experience in Federal operations to provide clients with improved financial systems and stronger internal controls.

Why Choose NetStar-1?

• Integrate Cost and Performance Management Initiatives
• Identify areas for improved efficiency and effectiveness
• Determine linkages between resources and outcomes
• Develop accurate cost of services
• Assist in financial policy formulation and development
• Document financial systems
• Assess and improve financial reporting and analysis
• Resolve audit recommendations
• Perform economic and regulatory analyses
• Understand the relationship between budgeted resources and outcomes
• Determine realistic and defendable reimbursement rates

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