Government Contractor Accounting Services
Government contracts open doors to growth—but only if you can navigate the 2,000+ pages of FAR, DCAA, and CAS regulations that come with them. For small and mid-sized contractors, one misstep can cost you the contract. At A.L. Schmidt CPA, we translate complex compliance into practical accounting, so you stay focused on your mission while we keep your business audit-ready and secure.
Overwhelmed by federal rules?
Our specialists handle GAAP, FAR, CAS, and DCAA compliance from day one.
Worried a simple mistake could freeze your payments?
Our processes are built to withstand audits and protect your cash flow.
Can’t spare internal resources for compliance?
Outsource your accounting backend to a team that delivers proven results for government contractors.
Our GovCon Accounting Services:
Every government contractor faces unique challenges—our solutions cover the full spectrum:
Pre-Award Support
- DCAA-Compliant Accounting System Setup
Configure your accounting system to meet all DCAA criteria, from job cost tracking to timekeeping and cost segregation.
- Cost & Pricing Proposal Support
Develop FAR-compliant cost proposals with accurate indirect rate calculations, ensuring your bids can withstand DCAA and agency scrutiny.
Post-Award & Ongoing Support
- Incurred Cost Submissions (ICE Model)
Full-service preparation of annual incurred cost submissions required by FAR 52.216-7—minimizing audit risk and ensuring smooth closeouts.
- DCAA Audit Support
Audit readiness assessments, on-call support during DCAA audits, and expert guidance on corrective actions or findings.
Additional Services:
- 14+ years supporting defense, aerospace, tech, and service contractors
- 100% of client incurred cost submissions accepted on first review
- Senior CPAs lead every project—no handoffs
- Extensive experience with DoD, NASA, and federal primes across Ohio, Dayton, DC, and beyond
- Focused exclusively on business and government contractor accounting
DCAA Accounting
Learn MoreWhat is DCAA compliance—and why does it matter?
DCAA compliance means your accounting system, procedures, and reports meet the strict standards of the Defense Contract Audit Agency. It’s about more than software—it's how you track, allocate, and justify every cost. There is no "DCAA-approved" software; compliance is about system adequacy, controls, and policy.
What happens if my system isn’t compliant?
Non-compliance can lead to payment withholds, failed audits, and contract loss. We proactively review your system, close any gaps, and ensure you’re always ready for DCAA scrutiny.
Can you help with multi-state or complex tax issues?
Yes, our team handles multi-state, federal, and unique contractor tax challenges for businesses operating across jurisdictions.
