Business Details
Trusted Government Contractor Accounting Services in Centerville, OH
A L Schmidt CPA has dedicated its practice to serving government contractors with specialized accounting needs. Our team possesses deep expertise in Federal Acquisition Regulation (FAR) compliance and Defense Contract Audit Agency (DCAA) audit preparation, ensuring clients meet rigorous federal requirements. We provide tailored solutions ranging from accounting system setup to incurred cost submissions, leveraging our proximity to Wright Patterson Air Force Base to serve defense contractors effectively. Our professionals include former DCAA auditors who bring hands-on experience to navigate complex compliance challenges.By focusing exclusively on government contractor accounting, we enable clients to concentrate on contract fulfillment while maintaining financial compliance. Our services often qualify for reimbursement through federal billings, providing cost-effective support. We combine technical proficiency with personalized service to address the unique financial demands of government contracting businesses.
Services
DCAA Audit Support
FAR 31 Compliance
QuickBooks Consulting
Cost Proposal Preparation
Incurred Cost Submissions
Outsourced Accounting
Highlights and features
- Specialized in DCAA audit preparation and FAR compliance
- Team includes former DCAA auditors with hands-on experience
- Proximity to Wright Patterson Air Force Base enhances service delivery
- Services often qualify for federal reimbursement
- Proven track record with hundreds of government contract proposals
What people say
Knowledgeable, friendly, accommodating
Amazing job
Trusted advisers
No one better
Powerful tax strategy
Services
DCAA Audit Support
Our team provides comprehensive DCAA audit support with former agency auditors who understand federal requirements. We prepare documentation, represent clients during audits, and implement corrective actions. Services include pre-audit mock assessments and post-audit response preparation to ensure compliance and minimize financial risks.
FAR 31 Compliance
We establish FAR 31 compliant accounting systems with proper cost segregation and tracking mechanisms. Our solutions include chart of accounts setup, labor distribution systems, and unallowable cost tracking to meet federal contracting requirements while maintaining operational efficiency.
Cost Proposal Preparation
Our experts assist with government contract proposal costing, including indirect rate calculations and profit analysis. We help contractors evaluate contract risks, equipment needs, and workforce requirements while ensuring compliance with federal billing regulations.
Outsourced Accounting
We provide complete outsourced accounting services including bank reconciliations, financial statement preparation, and general ledger maintenance. Our solutions help small businesses maintain accurate records while focusing on core operations through customizable service packages.
Incurred Cost Submissions
Our team prepares and submits incurred cost reports required by government contracts. We ensure proper cost allocation, documentation, and compliance with regulatory requirements to maximize reimbursement while minimizing audit risks through meticulous preparation.
Questions
What DCAA compliance services do you offer?
We provide accounting system setup, mock audits, and audit representation to ensure compliance with DCAA requirements for government contractors.
Can you help with government contract proposals?
Yes, we assist with cost calculations, indirect rate development, and contract risk analysis for government contract proposals.
Do you handle incurred cost submissions?
Yes, we prepare and submit incurred cost reports while ensuring proper documentation and regulatory compliance.
Are your services reimbursable through government contracts?
Most of our services qualify as allowable costs under federal contracts and can be included in billings.
How do you handle QuickBooks setup for contractors?
We configure QuickBooks systems with proper cost segregation and reporting capabilities for government contractors.
