Government Contractor Services

» Accounting and Auditing
» Tax Services
» Accounting System Setup and Support
» Contract Cost Issues
» Defense Contract Audit Agency (DCAA) Issues

Anglin · Reichmann · Snellgrove & Armstrong P.C. has served the government contracting industry since our inception over fifteen years ago. We work with a wide range of businesses of differing size and disciplines. We recognize that each business has unique needs and internal capabilities. We tailor our services to the needs of each business to provide the desired level of support. We are the only accounting firm with the Lead eFAACT Advisor and Certified Advisors.
Specialist >> Gary Anglin | Jim Snellgrove | Kandy Gardner

Accounting and Auditing
We view our accounting and auditing services to be the core of our service offerings. We offer compiled, reviewed and audited financial statements based on each client’s individual needs. Typically compiled financial statements are adequate for start-ups and smaller companies. As credit needs increase, reviewed or audited statements often are preferred by lending institutions. We work with each client individually to determine the best fit for that business's needs.

We also audit employee benefit plans in accordance with the Department of Labor (DOL) guidelines.

Tax Services
Government contractors often face complicated tax issues. We are familiar with the environment within which contractors operate and the specific issues that are faced. These issues include multi–state taxation, executive compensation, employee benefits, and the timing of revenue recognition. In addition to simply preparing tax returns, we seek to advise our clients on these and other issues in order to better manage the tax consequences of their businesses.

Accounting System Setup and Support
We assist companies in setting up and maintaining accounting systems that will adequately account for contract costs as prescribed by the Federal Acquisition Regulations (FAR). We work with our clients to assess their accounting needs to choose the right software.

• Deltek
  Deltek GCS Premier is designed specifically for small to mid-sized businesses who sell services to the U.S. Government. It was developed in conjunction with FAR and CAS and compliant with all DCAA and other regulatory requirements.

  Some functional values of GCS:
  • Ensure DCAA compliance requirements
  • Control project costs
  • Establish and maintain financial control
  • Increase productivity for less cost
  • Provide accurate and consistent data

  As a Deltek Partner, we can provide the following services to meet your needs:
  • Implementation
  • Business Analysis
  • Indirect Pool Design
  • Training
  • Troubleshooting and Consulting
  Specialist >> Cindy Marks

• QuickBooks
  While all businesses are different, we have found QuickBooks to be an excellent choice for many small to mid-sized companies. We are experienced in QuickBooks setup and support and our staff includes Certified QuickBooks Advisors who can assist with the setup and implementation. We can assist with the setup of the initial chart of accounts that will allow a company to easily track direct contract costs and calculate indirect rates.

• eFAACT
  eFAACT is a third party add-on to Quickbooks that gives government contractors all the features needed for DCAA compliant electronic timesheet, government formatted invoicing, and DCAA indirect rate tracking. We have on staff the Lead eFAACT Advisor and provide eFAACT implementation, training and support services.
  Specialists >> Kandy Gardner, Jacque Bernard

Contract Cost Issues
We work with clients with regard to contract costing issues and compliance with the FAR. We will assist with contract proposal issues as well as cost allowabilty and classification issues. We can advise on alternatives for indirect rate pools and how contracts are impacted accordingly.

Defense Contact Audit Agency (DCAA) Issues
We will assist with DCAA audits and costing issues that arise. We will prepare or assist with Incurred Cost Submissions (ICE) and incurred cost audits. We also are experienced with specific contract audits — pre–award and final close out. We will work directly with the auditors to the extent necessary to make the audit process as easy as possible.