Government Contracts Consulting

Setup of an accounting system can be one of the most important features of running a business as a government contractor. Diversified Business Solutions will assist you with a variety of aspects regarding your accounting system, such as the DCAA compliant chart of accounts, and creation of pool allocations.  We take the guesswork out of the setup process and offer an environment in which you will feel comfortable and provide the management tools that you require to run your business by producing the reports your contracts require.

Diversified Business Solutions wants to lend you our experience and successful government contractor financial accounting model.  DBS has built an entire service team around the government contracting industry.  Our professionals go beyond basic accounting and auditing to identify alternative solutions that meet the unique needs of our clients in today’s complex compliance environment.  We recognize the hurdles facing today’s business owner and use their real-life experience in running companies to go beyond basic accounting  support.

Government Cost Proposals
Completion of the cost proposal for a government contract client, often in tight deadline, is a specialty. We assist in this role in several capacities. We know that contractors need help in developing their rate structure and support for their first response.  We will assist you in preparing well supported bid proposals that will minimize the risk of DCAA audit and procurement problems.

Incurred Cost Submissions
Incurred Cost Submissions can be a hassle for contractors that do not have the internal support to manage this significant task.  DBS consultants will help you ensure that all allocable and allowable costs are included in your submissions, while proper segregation of unallowable costs is maintained, reducing the risk of DCAA audit issues.

Cost Accounting Standards (CAS)
Federal Acquisition Regulations (FAR)
Our services are intended to reduce CAS and FAR non-compliance issues by ensuring that your accounting and estimating system, internal controls, policies and procedures comply with all applicable FAR and CAS requirements.