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.
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Compliant Accounting Standards

government contractor accounting gsa reporting

Organize your accounting process and systems to ensure they adhere to governmental rules and guidelines.

Timely Cost Submissions

government contractor cost submissions

Establish procedures for incurred cost preparation, review and submissions for your different contract types.

Audit Preparedness

government contractor accounting cost audit preparedness

Be prepared for FAR, DCAA and Yellow Book audits through government-compliant accounting solutions.

Don’t Risk Your Valuable Government Contracts

  • 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?
iCat Systems

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.

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Here’s How You Use Financials to Increase Your Prospects for Success

You don’t have to risk being out of compliance. And you don’t have to make the typical mistakes that most government contractors make. We can help.
govt contractor accounting indirect rate structuring

Contract Financial Oversight

Whether you have a Fixed Price, Cost Plus or Time and Material contract, we have the expertise you need to manage and report on financial data so you remain compliant with contract standards.

govt contractor accounting financial statement audits

Bidding and Cost Estimating

We deliver accurate and timely financial reporting to help you calculate and present the most competitive bids possible.

govt contractor accounting software expertise

Software Expertise

We design and implement compliant accounting systems, complete with the specialized third party plugins.

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Here's how to get started:

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1. Schedule a No-Obligation Call

Your time is valuable, and we don’t want to waste it. Let’s schedule a discovery meeting so we can discuss your needs and confirm there’s a fit.

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2. Receive Your Accounting Review

We'll review your accounting documents, then provide you with a customized report that includes our findings and our recommendations for moving forward.

3. Attend Review Meeting

We'll host up to a 2 hour meeting to review our findings and recommendations, answer any further questions and outline how we'll work together.

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4. Review Your Proposal

Working from our review, we’ll provide clear and actionable recommendations for improvement related to your particular processes, software, and systems.

5. Engage Us For Your Needs

If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!

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We Can Help You Honor Your Contracts

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.

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