LYRC CPA, LLC

In today’s climate, it is apparent the government will continue to buy services from the private sector. With increased requirements and guidelines for growing audit, security and regulatory compliance, government contractors need to proactively improve internal controls, processes and procedures to stay competitive in the industry. Compliance is the key to a successful government contract. Withum’s Government Contractor service professionals work with businesses in virtually all industries. From technology and construction to base operation staff, manufacturing, healthcare and pharmaceuticals, we pride ourselves on our core knowledge of the regulatory environment. Our clients range in size from publicly-traded corporations to closely-held businesses. We have significant expertise serving Native American Contractors, including Tribes, Native Hawaiian Organizations (NHO) and Alaskan Native Corporations (ANC). We provide a wide array of services designed to enable government contractors to maximize their revenues while maintaining compliance with all applicable government regulations. The audit is performed in accordance with the appropriate regulations and often in accordance with Government Auditing Standards (Yellow Book) or possibly may include a Single Audit, previously known as the OMB Circular A-133 audit. A Single Audit is an organization-wide financial statement and federal awards’ audit of a non-federal entity that expends $750,000 or more in federal funds in one year. Our government contractor advisors include not only Certified Public Accountants (CPAs) but also team members with other credentials such as Certified Government Financial Managers (CGFM), Certified Fraud Examiners (CFE), and Registered Municipal Accountants (RMA). Our specialists maintain their knowledge of government regulations and maintain “Yellow Book” requirements through the completion of mandatory annual CPEs. Our professionals actively participate in various professional societies and industry-related associations that provide valuable insight to our clients. We have a vast resource of professionals to call upon from within our firm with specific industry exposure when necessary.

Khadijah Tillman
5 Star
Ms. Lyte has great knowledge of all matters relating to the financial health of my business She is detail oriented, timely, and responsive. I would definitely recommend Ms. Lyte to business owndera.
Thursday 26th August 2021