Capital Edge Consulting
Sean O’Connor is a Partner with Capital Edge Consulting, Inc. Sean’s areas of expertise include Uniform Guidance and subrecipient monitoring, CPSR readiness assessments and preparation, Federal Supply Schedule contracts, Earned Value Management Systems, Estimating Systems, audits of incurred cost and Cost Accounting Standards and Disclosure Statements. Sean is also experienced in procurement file audit and remediation with emphasis in price analysis review and augmentation as well as purchasing system redesign and implementation. He is well versed with General Services Administration (GSA) contract compliance and with FAR, CAS and DCAA internal controls and identification of regulatory and cost accounting practice changes.
With over 12 years of experience working with the Government as well as a number of large Department of Defense contractors, Sean has worked closely with Chief Executive Officers, Chief Financial Officers, Vice Presidents, General Counsels and Outside Counsel and Controllers and brings experience from a wide range of engagements. He has instructed numerous federal grant recipients, both for and not-for-profit organizations, through assessments of compliance and implementation of corrective action under 2 CFR 200. Sean has led multiple projects implementing and performing compliance gap analyses of Earned Value Management Systems (EVMS) at all EVMS tier levels, for contracts issued by both the Department of Defense and the Department of Health and Human Services. Sean has represented multiple clients in settlements with the Office of the Inspector General in disputes regarding GSA contracts and provided litigation support to clients in matters with the Department of Justice, the United States Attorney’s Office and the Air Force. He has assisted in preparing cost proposals including direct labor, indirect overhead, ODC and G&A rate development, facilities capital cost of money and profit analysis. Sean also has considerable experience working with Internal Audit teams reengineering business processes, Sarbanes Oxley compliance, performing risk assessments, aligning process gaps to risks, determining current levels of compliance and identifying requirements to achieving compliance
The Yellow Book (Generally Accepted Government Auditing Standards) provides a comprehensive framework for conducting high quality audits by auditors of entities that receive Federal funds. Gaining an understanding of the auditors playbook is going to help ensure that you and your staff are ‘audit ready’ year-round. In this session, we will discuss the Yellow Book, […]
Uniform Guidance introduced sweeping changes to administrative requirements, cost principles, and audit requirements for Federal awards to non-Federal entities. These changes brought new responsibilities and opportunities to non-Federal entities. Unfortunately, most publicly available guidance focuses primarily on helping non-Federal entities cope with the added responsibilities, leaving little consideration to the new opportunities that are now […]