Government Accounting
At Account Early, we offer a comprehensive range of Government Accounting Services to help orgnaizations meet their financial reporting and compliance obligations. We are committed to providing high-quality Government Accounting Services that are tailored to meet the unique needs of each of our clients. Our team of experts stays up-to-date with the latest accounting standards and regulations to ensure that our clients receive the most accurate and reliable services possible.
Our government contracting accounting capabilities are further delineated below:
- Government Contract Accounting Compliance Support: Cost Accounting Standards (CAS), Federal Acquisition Regulations (FARs), Defense Federal Acquisition Regulations (DFARs) and Office of Management and Budget (OMB) Circulars
- DCAA Audit Liaison Services & Resolution of Audit Recommendations
- Preparation & Participation in Defense Contract Audit Agency (DCAA) Audits
- Overhead Audits: Government acco contractors are often required to have an overhead rate audit to verify the overhead rate they are entitled to use for billing costs and are subject to state and FARs in determining the amount of reimbursement they are entitled to in a contract.
- 8(a) Compliance Services
- Chart of Account Development that Provides the Ability to Segregate Direct Costs for Each Contract and Provides a Logical Accumulation of Overhead, General and Administrative (G&A) Pools
- Incurred Cost Submission Assistance & Preparation
- Indirect Cost Modeling: Overhead, G&A, Ceiling Load Factors, Pools and Service Centers
- Accounting & Billing System Compliance Assistance
- Outsourced Accounting Services
- Preparation & Assistance with Writing & Development of Accounting Policies & Procedures: Timekeeping and accounting policies that address government audit agency requirements are important to a company with government contracts. We review these policies and make the recommendations for proper oversight and control of these functions.
- Assistance with Selection of an Accounting & Contract System
- Pre-Award Accounting System Survey resources available
Contact Us
If you have any questions, please contact us today. We would be happy to discuss how our services can benefit your business.