We understand the difficulties that many government contractors face when trying to remain compliant. You can either spend a lot of time trying to fight it, or you can create a system that is seamless and puts you in a constant state of audit-readiness. We believe in the latter.
At Lescault and Walderman, we are well-versed in the accounting requirements necessary to stay compliant and win contracts. Our team of experts can help create an accounting system for government contractors that will stay ahead of the compliance regulations so you can focus more time on the core operations of your business.
A proper accounting policies and procedures manual is the first step in the accounting compliance process. Audit agencies will review your company’s procedures to determine if you segregate your costs properly and have a set of checks and balances. Creating the manual can seem tiresome, but is actually quite easy if you have the right help.
Organization of your financials will be key to staying compliant throughout the year. Our team will help you implement and leverage contractor-specific software that will allow you to accurately balance your ledger and create valuable reports when bidding on a contract or preparing for an audit.
If you are unsure about best practices to stay compliant in the industry, we are here to help you create the accounting infrastructure you need to manage these responsibilities and risks.