Government Contracting
Government Contracting
At The Accounting Firm LLC, we provide government contractors with the accounting expertise and regulatory insight necessary to maintain full compliance, manage complex funding structures, and improve operational efficiency in a competitive contracting environment.
From initial pre-award preparation to contract execution and closeout, our services are designed to meet the rigorous standards of government entities while supporting your internal decision-making and growth.
Our Government Contracting Services Include:
- DCAA-Compliant Accounting System Setup and Support
Design and maintain accounting systems that meet Defense Contract Audit Agency (DCAA) requirements, including indirect cost allocation, timekeeping, and segregation of direct vs. indirect costs. - Indirect Rate Development and Monitoring
Establish provisional billing rates, monitor actual vs. budgeted performance, and prepare timely indirect cost submissions to ensure profitability and avoid audit issues. - Incurred Cost Submissions (ICS)
Prepare complete and compliant incurred cost proposals in accordance with FAR 52.216-7, reducing audit risk and ensuring timely reimbursement. - Contract Budgeting and Forecasting
Develop detailed project budgets and cost forecasts to support fixed-price, cost-plus, and time & materials contracts. Monitor burn rates and ensure alignment with funding limits. - Audit Support and Representation
Provide documentation and professional representation for DCAA, agency, and internal audits, including labor distribution reports, expense support, and indirect rate justifications. - Proposal Pricing and Cost Volume Review
Assist in preparing compliant, competitive pricing proposals and reviewing cost volumes for RFP submissions, including compliance with solicitation instructions. - Government Reporting Compliance
Ensure timely filing of SF 1408, SF 1034/1035, and other required forms, as well as state and federal tax filings specific to government contractors.
At The Accounting Firm LLC, we combine deep knowledge of government contract regulations with real-world accounting experience to deliver results that contractors can rely on. Whether you’re new to government contracting or managing multi-million dollar awards, our firm serves as a strategic partner to protect your compliance and strengthen your financial infrastructure.