COVID-19 Resources

Government Contract Accounting that Keeps You in Compliance and Moving Forward

Today’s unique challenges in government contracting accounting require an astute team of advisors. Warren Averett takes great pride in supporting Department of Defense (DoD) contractors. Whether you need a full-service accounting firm to handle tax and audit needs or an outsourced accounting solution to take over certain functions, our team has the government contract, DCAA and FAR knowledge to ensure you stay in compliance.

We have a solid track record of helping government contractors assess the adequacy of their accounting systems and can help you determine whether inaccurate data could be negatively impacting your bids or putting your compliance in jeopardy.

EXTENSIVE REGULATORY KNOWLEDGE

Our GovCon accounting experts can help you navigate the regulatory and competitive landscape of the industry to achieve your desired results. We understand that having the right government contract compliance consultant on your side can be what helps you win new work, stay in good standing and—in some cases—avoid hefty fines.

INDUSTRY INSIDER'S PERSPECTIVE

Warren Averett’s government contracting accounting and advisory team is comprised of people who not only know the government contracting industry, but have worked in it, providing us with a unique understanding of the challenges you face daily. From helping you understand incurred costs to achieving DCAA compliance, we’ve got you covered.

ENHANCED VALUE

With strong industry partnerships in place, we can connect you with experts who can provide enhanced value to your organization. We provide government contract accounting services and consulting to both startups and multi-national organizations, which means that our team has the flexibility to tailor our services to your precise needs at your exact stage.

eBook:

DCAA Compliance: A Comprehensive Guide for Government Contractors

Understanding DCAA compliance can be as tedious as putting intricate puzzle pieces together—but it doesn’t have to be. We’ve done the work for you.

Download the eBook

Our Services

With a wide menu of services designed to help businesses thrive, you can customize your level of service by securing specialized government contract accounting and advisory knowledge whenever you need it for as long as you need it. You’ll have the flexibility to be able to choose a solution that complements your specific circumstance with solutions that are scalable and that readily integrate your existing staff processes, software and company structure.

Contact An Expert Today
Our team of constructions accounting experts

Let us review your government contract accounting procedures and provide guidance on business systems and compliance, including:

  • Accounting
  • Purchasing
  • Estimating
  • Earned value management
  • Government property
  • Material Management
  • Federal Acquisition Regulation (FAR)
  • Cost Accounting Standards (CAS)
  • Truth in Negotiation Act (TINA)
  • Office of Management and Budget (OMB)
  • Government Contract Audit Support (DCAA and DCMA)

With compliance requirements that are ever-changing and high-stakes contracts on the line, you want a GovCon accounting team that is on the cutting edge of the industry and regulatory environment.

Contact An Expert Today

Assurance

  • Audit, compilation & review
  • Agreed upon procedures and other special reports
  • Pension & benefit plan audit
  • Audit representation

Compensation & Benefits

  • Outsourced payroll
  • Benefit plan evaluation & design
  • Benefit plan administration
  • SCA/Davis-Bacon/FLSA/CBA compliance
  • Executive compensation
  • Equity based compensation
  • Employee Stock Ownership Plans (ESOP’s)
  • ERISA compliance

Contract Life Cycle Support

  • Proposal preparation
  • Contract management and compliance
  • Cost impact studies
  • Request for equitable adjustment
  • Subcontract management and compliance
  • Conflict resolution
  • Termination settlement proposals
  • Litigation support
  • Contract closeout

Other Services

  • Asset management
  • Executive search and staffing
  • Transaction advisory

Software Services

  • Evaluation and selection
  • Implementation services
  • Technical support and training

Tax

  • State and local tax
  • International tax
  • Credit/Incentives
  • Tax planning
  • Compliance

Outsourced Solutions

  • Full back-office support
  • Internal control design
  • Policies and procures design
  • Reporting
  • Financial oversight
  • Strategic planning and consulting
  • Regulatory compliance
  • Assistance with one-time projects
  • CFO or Controllership
  • Consulting
  • Software implementation and support
  • Data analytics
  • Project costing to include allocation of indirect expenses
  • Project reporting and reconciliation to general ledger control
  • Government contract billing to include support for WAWF/IRAPT and customer specific payment systems
  • Indirect rate calculations and monitoring of rate variances on cost-type contracts
  • Contract backlog tracking and reporting
  • Contract administration support
  • Proposal pricing
  • Incurred cost submissions
  • Manage compliance audits by DCAA, DCMA and other agency auditors
  • FAR/CAS/DCAA Compliance
  • Forward pricing budgets
  • Accounting system examinations or agreed upon procedures

Technology & Risk Solutions

  • Data analysis
  • Enterprise risk management
  • Information technology controls
  • Internal control examinations
  • Sarbanes-Oxley compliance

Meet Our Team: Experts in Government Contract Accounting

Our government contracting accounting and advisory team has a unique perspective. From construction industry insiders to former DCAA auditors, our professionals bring insights you won’t find at most accounting firms. We understand the importance of timely response and how regulatory issues impact decisions.

Our Team of Gov Con Accounting Experts

With us as your partner, you can choose from a body of professional consultants to meet your accounting needs and beyond. Whether you need an outsourced CFO or controller, contracts and procurement manager, information technology expert or human resource advisor, our team can be your best ally.

Our offices hold a large footprint in the Southeast, which means that many of our team members reside near military installations and government hubs. Learn more about the ways that our GovCon experts can serve your business.

Our Gov Con Accounting Experts Provide Successful Solutions for DCAA Compliance

Calculating incurred costs and indirect rates can be complex for government contractors. You need a deep understanding of cost allocation methods and to maintain a DCAA-compliant chart of accounts. Inaccurate data can be the difference between a successful DCCA audit or a failed one. That’s where we come in. Our team is trained to perform assessments of:

  • Your accounting system
  • Fiscal data
  • Pool structures and other accounting set-up items

Upon a complete analysis, we make recommendations for navigating compliance issues, with professionals who can execute effective solutions at the ready.

The Anti-Cookie Cutter Approach

A comprehensive analysis of all government contracting accounting methods is the most critical step you can take for adhering to CMMC requirements or having a successful DCAA audit. Our government contract accounting experts recognize that there is no cookie-cutter solution for these services. With decades of experience performing GovCon accounting system assessments, Warren Averett brings specialized knowledge that can help you traverse the ever-changing regulatory landscape. We aim to be the partner you need, providing scalable services that are driven by your goals.

Contact An Expert Today

Want to Learn More?

Phone: 800.759.7857

Check out our webinar on ‘Government Contracting Accounting and Passing DCAA Audits with QuickBooks’ to see if your company is prepared to pass a DCAA audit. Or complete our ‘Contact Us’ form to see how we can help you or your business thrive.

Top