Government Contracting Services

Katz Abosch has worked with clients in a variety of ways within different aspects of their accounting systems in regards to federal government contracts. We have assisted clients with the following:

• Establishing an accounting system which meets the minimum requirements necessary to support a government contract. 
• Developing a chart of accounts in such a format that provides the ability to segregate direct costs for each contract and a logical accumulation of overhead, general and administrative pools.
• Training accounting personnel to determine how costs should be segregated and recorded; assisting them in establishing what is considered direct costs, overhead costs, general and administrative costs, or inadmissible costs.
• Preparing overhead rate calculations for clients who do not have the personnel available to handle this task. We also assist and review rates for our larger contractors.
• Representation during the Defense Contract Audit Agency (DCAA) audit process.

Timekeeping and accounting policies that address government audit agency requirements are important to a company with government contracts. We review these policies and make the recommendations for proper oversight and control of these functions.

For more information, please contact us at 1.800.989.6432 or info@kawgf.com.