FFC is a Hispanic, minority‑owned small business that has provided accounting, auditing, IT, training, and management consulting services since 1985.
Position FFC as the trusted bridge between a client’s long‑term vision and the practical, data‑driven strategies needed to achieve it—leveraging decades of accounting, auditing, IT, training, and management consulting expertise to turn goals into actionable results.
FFC is a minority-owned (Hispanic) small business of certified public accountants and management consultants established in 1985, with specialization in accounting and auditing, education and training, information management technology, and management consulting. The firm’s mission is to exceed its clients’ expectations by providing cost-effective, high-quality customized solutions while establishing a long and trustworthy relationship with clients. Headquartered in Washington, DC with offices in San Juan, PR, the firm’s success has been a direct result, over 30 years, of building upon two valuable assets — its staff and reputation. The interests, experience, and entrepreneurial spirit of FFC’s staff, combined with strong management and support capabilities, allow FFC to respond dynamically and effectively to clients’ business needs in several areas of specialization.
FFC brings together the expertise of its certified public accountants and management consultants to provide a full range of financial and advisory services needed by government agencies as well as private businesses in today’s demanding environment.
Our clients include IT, wholesale, construction, real estate, and service enterprises as well as public-sector agencies. These diverse clients have one thing in common: They have benefited from the full range of professional services made available by FFC. We help you analyze your organization’s condition and structure, solve today’s problems before they become more difficult and costly, and avoid tomorrow’s problems before they arise. By making our expertise work for your organization, you can focus on your organization’s core competencies. We help you build your success.
Our goal is to be the leading minority-owned small business provider of accounting and advisory services to the federal, state and local governments as well as the commercial sector.
FFC delivers the rare combination of deep technical expertise, data‑driven strategy, and decades of trusted advisory experience. As a Hispanic, minority‑owned firm established in 1985, FFC helps organizations turn big‑picture goals into clear, achievable outcomes.
FFC serves clients across IT, wholesale, construction, real estate, services, and the public sector. We provide the insight to assess your organization, address current challenges early, and prevent future issues—so you can stay focused on your core mission while we help build your success.
Examiners & Risk Assessment Oversight Consultants-Provided Safety and Soundness Examinations and Risk Based Reviews to Small Business Lending Companies (SBLC), SBA 7(a) Program Banks, and/or SBA 504 Program CDCs. Planning and supervising all phases of on-site examinations and reviews, and producing final reports. Responsibilities included managing lender relations while reviewing lenders’ loan files and financial statements alongside their policies, procedures, and internal controls.
As Project Director, FFC led an effort to re-engineer the payment process used by FEMA for disaster relief. FFC completed the evaluation and implementation of the Electronic Funds Transfer (EFT) program for individual applicants, thereby enhancing the effectiveness of FEMA’s payments.
FFC supported PRPA with the implementation of the accounting and financial reporting functions for the Federal programs associated with capital expenditures, known as Passenger Facility Charges (PFC). Working directly with personnel from PRPA and the Federal Aviation Administration (FAA), FFC coordinated the closeout of year-end financial statements submitted to Federal and local government authorities. FFC helped the PRPA in monitoring fund collection and use, assisting the FAA to establish policies and procedures for administrative and accounting functions. FFC duties included recommending audit-reporting guidelines for air carriers; internal control analyses; risk assessment reviews; and financial reporting system improvement for air carriers and airport authorities, as required by the FAA.
As a consultant to the FAA, FFC assisted in the development & implementation of a PFC Audit Guide for Air Carriers, providing auditors with a comprehensive set of procedures for examining air carrier’s PFC collection, remittances, and reporting practices that is being used by major airline carriers for over 240 airports.
U.S. Department of Agriculture-Commodity Credit Corporation (CCC) -Senior Manager. Subcontracted by KPMG on the CFO Act Audit of CCC.
U.S. Department of Education (DOE)-Senior Manager. Direct review and supervision of all audit areas impacted by the Credit Reform Act of 1990 and Budget Execution as well as Fund Balance with Treasury.
Front End Risk Assessment: The purpose of FFC’s review was to enhance operational controls, to address findings of a nation-wide audit conducted by the Office of Inspector General (OIG) on the ACA Demonstration Program, and to address inconsistencies between legislative language and the proposed administration of the program after the demonstration phase.
Internal Audit Manual Development & Implementation- FFC was hired by the Municipality to ensure that its accounting policies and reporting practices are in conformity with the generally accepted accounting principles applicable to governmental units.
Financial Improvement Plan & Agreed Upon Procedures. Provided services for over a 3-year period to the DLHR’s Office of Financial Operations, which is responsible for the monitoring and execution of the DLRH FIP. The range of tasks covered all aspects of DLRH financial management; accounting operations; financial statements preparation and analysis, and the associated values on these financial statements. Also, developed the DLHR’s policies and procedures to manage the Bureau’s budget and its incentive programs to employers.
External Auditor since 1993 of this $100MM+ private sector client with operations throughout the Caribbean and South America.
External Auditor and Forensic Consultant
External Auditor and Financial Management Consultant-Played a key role in the purchase of a stake in Biometrics by the French-publicly-listed Vivendi Group for $65MM.
U.S. Department of Treasury, Bureau of Engraving and Printing (BEP)-Manager. Served as manager to Ernst and Young, LLP on the CFO Act Audits of BEP.
Technical Assistance and Quality Control Reviewer-Support for renewable energy company’s application of Section 1603 Payment for Specified Energy Property in lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009.
Co-Developer and CFO. Secured $60MM financing for a Wyndham resort on Vieques, Puerto Rico and provided financial management. Subsequently sold and currently operated by W Hotels.
(NTI)- FFC assisted NTI with the Housing Authority of New Orleans (HANO) and HUD in implementing its Financial Accounting Recovery Plan. Our work on this contract included positioning HANO to produce standard monthly financial reports for all programs and entities administered by the agency. We also developed, documented and implemented internal financial controls to ensure timely drawdown of funds, timely/accurate payment of invoices, effective/efficient investment of funds, appropriate allocation of expenses and maximization of funds.
FFC has assisted this development stage company with its financial projections and financing approval from lenders to complete the development of this project located in San Juan, Puerto Rico.
Technical Assistance and Quality Control Reviewer-Support for renewable energy company’s application of Section 1603 Payment for Specified Energy Property in lieu of Tax Credits under the American Recovery and Reinvestment Act of 2009.
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