Solving The Puzzle Of Government Contracting
Government Contractor
Cost Accounting
Recognizing that managing Government contract accounting is best left to an expert is the first step a contractor can take toward compliant accounting systems and standards. Strategic FAR Advisors, LLC’s experienced consultants understand complex accounting can be beyond the reach of most small business owners. But that does not change the fact that accounting systems and procedures are a core component of contract management.
There are sets of regulations that will impact your contract accounting depend on your type of contract and include Cost Accounting Standards (CAS), Federal Acquisition Regulations (FAR), Defense Federal Acquisition Regulations (DFAR) and the Office of Management and Budget (OMB). Taking your valuable time away from running your business to learn the art of Government Contract Accounting is a costly and frustrating mistake. Rely on Strategic FAR Advisors, LLC to completely understand your business, the Federal agency you are dealing with and your contract. Our extensive experience with Government contract accounting allows Strategic FAR Advisors, LLC to become your key business advisor. We can see the forest through the accounting trees!
We can help you find and implement the appropriate software system for data capture and reporting, from QuickBooks to sophisticated ERP or cost-accounting programs. An accurate time-keeping system compatible with your accounting system is also an important way to keep track of all the details.
Strategic FAR Advisors helps you reduce the risk of unintentional mistakes that can delay payment or result in contract cancellation. Take the first step toward a complete, trusted solution with Strategic FAR Advisors, LLC.
Our Commitment To Clients
Mission Statement
To bring each of our Government contractor clients brilliant business results at a reasonable price. We accomplish this by providing clients with the absolute best business advice and services appropriate for its size and industry consistent with the laws of God and to help them achieve outstanding increases in revenues and profits while complying with applicable federal procurement laws and regulations. We will help each client become admired and respected by the Government and peers in its respective industry.
Strategic FAR Advisors, LLS has outstanding small and large business experience and can answer just about any Federal regulation question. Our consultants have helped Government contractors grow rapidly and can respond with true expertise on the pricing, financing, administrative and accounting issues. Strategic FAR Advisors, LLC can deal with the Defense Contract Audit Agency (DCAA) and other Government audits. We are a firm whose expertise is been recognized by General Accounting Office (GAO) and Federal Courts.
A savvy company will know its Government customer and how it procures goods and services as well as the regulatory requirements that must be met to win new contracts and keep their existing Government contracts.
Having the expertise at Strategic Far Advisors on your side for pricing, accounting and administration will ensure your company is positioned to take advantage of the Federal procurement environment while proactively complying with your contractual and regulatory requirements.