Business Details
Government Contract Accounting Compliance Experts
With over three decades of experience in government contract accounting, Robert C Smith provides specialized expertise to public sector contractors. Our services address the unique regulatory challenges faced by companies serving federal agencies, including FAR and CAS compliance, DCAA audit preparation, and cost allocation reporting. As founder of ICAT Systems, we developed proprietary software to help businesses leverage QuickBooks for compliance without overhauling existing accounting systems.Our CPA-certified team in Maryland and West Virginia combines deep technical knowledge with personalized service, ensuring clients maintain compliance while focusing on revenue-generating activities. Backed by a Master in Taxation from George Mason University, our approach merges academic rigor with practical implementation for federal contract cost accounting solutions.
Services
Accounting System Design
Incurred Cost Submissions
Cost Pool Configurations
FAR/CAS Compliance
DCAA Audit Preparation
Cost Proposal Assistance
Timekeeping Systems
Highlights and features
- 30+ years of government contract accounting expertise
- Proprietary ICAT software for compliance integration
- DCAA audit preparation specialists
- Personalized CPA-level consulting services
- FAR/CAS compliance specialists with federal contractor focus
Associations and certifications
- CPA (Maryland)
- CPA (West Virginia)
Services
Accounting System Design
Custom accounting system configurations for government contractors. Integrates QuickBooks with compliance requirements, ensuring accurate cost allocation reporting. Helps businesses maintain regulatory compliance while preserving existing financial infrastructure.
FAR/CAS Compliance
Specialized compliance solutions for Federal Acquisition Regulation and Cost Accounting Standards. Ensures contractors meet federal requirements through system configurations and process documentation tailored to specific contract obligations.
DCAA Audits
Comprehensive preparation for Defense Contract Audit Agency examinations. Includes system reviews, documentation organization, and compliance gap analysis to ensure successful audit outcomes for government contractors.
Cost Pool Configurations
Expert setup of cost pools for accurate indirect cost distribution. Meets federal contract requirements while maintaining compatibility with existing accounting software systems and business operations.
Incurred Cost Submissions
Preparation and submission of incurred cost reports for government contracts. Ensures compliance with federal regulations while maintaining accurate financial records through integrated software solutions.
People
Robert C Smith
Founder & CPA
Certified Public Accountant with 30+ years in government contract accounting. Developed ICAT software to help contractors meet federal compliance requirements while maintaining existing accounting systems.
Questions
What government contract compliance services do you offer?
We specialize in FAR/CAS compliance, DCAA audit preparation, incurred cost submissions, and cost pool configurations using integrated software solutions.
How do you help contractors with QuickBooks compliance?
We configure QuickBooks systems with our ICAT software to meet federal compliance requirements without requiring businesses to change their existing accounting platforms.
What experience do you have with DCAA audits?
With decades of experience, we prepare contractors for DCAA audits through system reviews, documentation organization, and compliance gap analysis tailored to federal standards.
Do you offer nationwide services?
Yes, through our ICAT Systems platform and consulting services, we support government contractors across the United States with compliance solutions.
What sets your compliance services apart?
Our proprietary ICAT software combined with CPA-certified expertise provides tailored compliance solutions that integrate with existing accounting systems rather than requiring complete overhauls.
