DCAA Compliance & Strategic Cost Accounting Solutions

We take the complexity out of financial data

#DCAACompliance #CostAccountingSolutions #FederalContractorsFinance

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How we help clients

Compliance with Defense Contract Audit Agency (DCAA) Regulations:

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DCAA Audit Preparation

Ensures contractors’ financial systems and documentation meet DCAA requirements, priming them for successful audit outcomes.

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DCAA Compliant Accounting System Setup

Assists in selecting and implementing accounting software that aligns with DCAA standards, ensuring seamless regulatory compliance.

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Timekeeping and Labor Distribution

Implements precise systems to accurately log employee hours and allocate them to respective contracts, ensuring correct labor cost billing. 

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Training and Workshops

Educates the contractor’s team on DCAA requirements, enabling informed decision-making and adherence to guidelines.

Cost Accounting & Allocation

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Indirect Rate Structure Development

Creates a framework to accurately calculate and apply overhead and other indirect costs to contracts.

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Job Costing Systems

Sets up systems that allow for detailed tracking of direct costs linked to specific contracts or tasks.

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Identification and Segregation of Unallowable Costs

Helps pinpoint costs not reimbursable by federal contracts, ensuring they’re kept separate and not billed.

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Period Cost Reviews and Adjustments

Regularly examines and updates cost allocations to ensure ongoing accuracy in relation to contract work.