Our accounting system
Our Accounting System

Capitol Bridge actively maintains an acceptable accounting system, (Jamis) with a sound internal control environment, accounting framework, organizational structure and accounting practices in accordance with standards promulgated by the Cost Accounting Standards Board, if applicable, otherwise, Generally Accepted Accounting Principles.

our-accounting-1
In addition we possess the ability to achieve the following outcomes as required:

Segregate direct costs from indirect costs

Identify and accumulate direct costs by contract

Provide a logical and consistent method for the accumulation and allocation of indirect costs to intermediate and final cost objectives

Accumulate costs under general ledger control

Reconcile subsidiary cost ledgers and cost objectives to general ledger

Approve and document adjusting entries

Identify employees’ labor by intermediate or final cost objectives

our-accounting-2
our-accounting-3

Segregate direct costs from indirect costs

Identify and accumulate direct costs by contract

Provide a logical and consistent method for the accumulation and allocation of indirect costs to intermediate and final cost objectives

Accumulate costs under general ledger control

Reconcile subsidiary cost ledgers and cost objectives to general ledger

Approve and document adjusting entries

Identify employees’ labor by intermediate or final cost objectives

There have been no changes to our Accounting System within the past twelve (12) months and Capitol Bridge stands ready to manage any and all contract types.

our-accounting-4
our-accounting-5