Architectural and engineering (A/E) firms must adhere to specific compliance requirements set by various regulatory bodies. Many government agencies, including state departments of transportation, mandate that A/E firms present their overhead rates in accordance with Federal Acquisition Regulation (FAR) Part 31. Additionally, these agencies often require these overhead rate reports to be externally audited by a CPA.

The American Association of State Highway and Transportation Officials (AASHTO) has established guidelines for these audits, which differ from standard financial statement audit engagements. Compliance with Generally Accepted Government Audit Standards (GAGAS) is essential, and the CPA firm conducting the audit must also have a thorough knowledge of FAR Part 31 and Cost Accounting Standards (CAS).

In addition to providing conventional tax and assurance services, ZR Associates brings 30 years of experience in advising government contractors, including a decade of performing AASHTO-compliant overhead rate audits. Our dedicated team has the expertise required to provide A/E firms with the tools they need to ensure full compliance with all applicable regulations.

We are committed to equipping our A/E clients with the capabilities they need to successfully secure and manage projects in both governmental and commercial sectors.