Government Contractor Accounting Services
Lescault and Walderman provides specialized government contractor accounting services that deliver the reporting needed for accurate bidding and RFP responses and ensure compliance with stringent federal regulations.
Organize your accounting process and systems to ensure they adhere to governmental rules and guidelines.
Establish procedures for incurred cost preparation, review and submissions for your different contract types.
Be prepared for FAR, DCAA and Yellow Book audits through government-compliant accounting solutions.
- Do you have the expertise to navigate the complex world of government contracts?
- Is your accounting system compliant with DCAA, FAR and CAS requirements?
- Do you have the information you need to provide accurate and competitive bids?
If you don’t establish and follow compliant accounting systems and processes, you risk financial penalties, pulled contracts and lost revenue. It doesn’t have to be this way.
5. Engage Us For Your Needs
If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!
As a government contractor, you deal with more regulations, operational limitations and paperwork than the typical company. We understand the strain this adds to your operations. That’s why we manage all of your back office accounting and bookkeeping – so you can focus on your core business and meet your contract obligations.
Among your many challenges, you need to be in a perpetual state of audit preparedness. This requires a complete understanding of legal statutes and the ideal bookkeeping set up to address them. We utilize years of government contract expertise to ensure you have immediate access to the necessary financial and contractual data and are able to produce and provide the reports being requested by regulators.
Another unique aspect of serving the government relates to cost accounting. You must remain vigilant and up-to-date on the latest information to ensure you are compliant with DCAA and FAR requirements. As an LWI client, you’ll be able to easily verify cost allowability, implement reliable cost estimating and remain timely and accurate with incurred cost submissions.
Most government contractors lack the dedicated resources to manage these additional responsibilities and risks associated with doing business with the federal government. If you need help with contractual and financial aspects of your government contracts, call Lescault and Walderman. We can get and keep you compliant and profitable.