Closing the gap between
management software systems

NextStep's focus on Financial Management, Audit Readiness, and its alignment with ERP systems, especially SAP (GFEBS, GCSS-A) and Oracle (DAI, DEAMS), positions the company as a key player in assisting the Department of Defense and civilian agencies in closing the gap between management software systems and the business requirement needs.

Financial Management

Financial Improvement
& Audit Readiness (FIAR)

It's a pre-test to identify gaps in procedures, documentation, and internal controls. Our commitment to audit readiness ensures that our clients are well-prepared for compliance and accountability.

As DoD prepares to become audit compliant, NextStep has been assisting the Army to meet their goals by aligning their business process, documentation, and business transactions with their ERP systems to ensure that the information can withstand an audit by an independent auditor.

We have been establishing internal controls in areas such as Funds Receipt, Distribution, Monitoring Civilian Payroll, Contracts Reimbursable Transactions (MIPRS), MOCAS Military Payroll, TDY Travel, Purchase Card Transactions, Miscellaneous Payments, and Supply Requisitions.

Our Methodology

The Financial Improvement and Audit Readiness Methodology is a series of phases, tasks, and activities that reporting entities must follow to achieve audit readiness.

  • Confidentiality

  • Integrity

  • Objectivity

  • Independence

  • Skills and competence

  • Work performed by others

  • Documentation

  • Planning

  • Audit evidence

  • Accounting system & internal control