ASSESSMENT:
Do You Have Doubts About Your Company’s Accounting Data?
Check for potential DCAA compliance issues with our GovCon Safe Check assessment.
For government contractors, inaccurate data in your accounting system can result in over billings, under billings, inaccurate profitability forecasting, poor business decisions and even failed DCAA audits.
Ultimately, these issues can impact your business’ profitability and ability to remain competitive. If you have any doubts about your data, Warren Averett’s free accounting system assessment, GovCon Safe Check, will put your doubts to rest and help you resolve any issues.
Our assessment will uncover potential inaccuracies related to:
- Segregation of direct costs from indirect costs
- Accumulation of direct costs by contract
- Service item and/or payroll item account mapping
- Labor distribution into appropriate cost pools
- Revenue recognition
- Trends caused by capturing costs in the wrong reporting period
Quick and Easy 3 Step Process
STEP 1: Our team gains access to your system through a back-up copy or through direct access granted by you.
STEP 2: We will analyze your current fiscal year data, account and pool structures and other accounting system setup items.
STEP 3: We will provide and discuss a summary of our findings and recommendations that you can implement in-house, or we will mobilize our team of experts to implement on your behalf.
Our partnership with Warren Averett began almost two years ago, and the experience has been fantastic. Their knowledge of the GovCon industry has been critical to our company. Warren Averett has provided us with valuable suggestions that we hadn’t considered and helped us navigate the DCAA compliance requirements. Having someone there to guide us has been crucial in our growth and contract submissions."
– Mike Esneul, Nick Wolfgram, ASEIFL – Applied Systems Engineering, Inc.
