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SuraLinkOur Experienced Team Is Here to Assist You With Your Audits
If you need assistance with DCAA services, you need an accounting firm that brings years of experience in navigating the stringent regulatory requirements and complex audit processes mandated by federal agencies. By partnering with such a firm, you gain access to seasoned professionals who understand the intricacies of DCAA compliance, ensuring that financial systems, cost proposals, and incurred cost submissions meet rigorous standards. Moreover, an accounting firm proficient in DCAA services provides invaluable support in preparing for audits, conducting internal compliance reviews, and implementing best practices that not only satisfy current requirements but also anticipate future regulatory changes. This proactive approach not only safeguards contractors against potential audit findings but also enhances operational efficiency and transparency, ultimately fostering trust and credibility with government stakeholders.
By choosing an accounting firm specializing in DCAA services, such as BMSS, you have the ability to focus on your core mission objectives with confidence, knowing your financial practices are in capable hands. Some of our services include:
DCAA Compliance
At BMSS, we specialize in DCAA compliance for government contractors. We begin with the belief that each client needs to be fully prepared for all aspects of DCAA compliance. Our goal is to prepare clients for audit readiness by ensuring a compliant accounting system, written accounting policies and procedures, and audit guidance by an experienced staff. BMSS is available to support our clients when communicating with DCAA to ensure compliance and understanding of regulatory requirements.
Pre-Award and Post-Award Support
Our CPA firm provides expert pre-award support, helping you prepare cost proposals and meet DCAA requirements before contract award. After securing your contract, we offer post-award services to ensure ongoing compliance, manage audits, and optimize cost controls. With our guidance, you can confidently navigate the complexities of DCAA regulations and focus on growing your business.
Accounting System Review
An accounting system review by DCAA evaluates the design of an accounting system to determine if it is acceptable for a prospective contract. It is one of the most important compliance audits that DCAA administers and is instrumental in doing business with the U.S. Government.
BMSS GovCon team can help ensure the accounting system is currently in full operation and ready for a DCAA audit. We are able to assist with each step necessary to receive an approved accounting system.
- SF 1408 Preparation
- Written Accounting Policies and Procedures
- GAAP Financials
- Segregation of Cost
- Direct
- Indirect
- Timekeeping
- Choosing the right timekeeping system that identifies employees’ labor by intermediate or final cost objectives.
Incurred Cost Submissions (ICE)
Our staff is experienced in preparing incurred cost submissions for many of our government contracting clients. This comprehensive and complex report requires detailed financial data inputted into a standardized workbook provided by DCAA. BMSS has extensive experience in completing the ICE and providing support during ICE audits.
Timekeeping Audits
We can assist our clients in the development of timekeeping policies and procedures and provide training and support to maintain a timekeeping system that is DCAA-compliant. We also support DCAA timesheet “floorcheck” audits and help with mock audits in preparation for a timesheet audit.
Additional DCAA Support
As a government contractor, DCAA is an integral part of doing business with the U.S. Government. BMSS is experienced and available to support our clients when DCAA comes knocking. From preparing for audits to resolving discrepancies, we offer comprehensive guidance to help you manage and successfully pass audits, minimize risks, and maintain strong government contract relationships.