DCAA Compliance

DCAA compliance is crucial for government contractors of all sizes. The Defense Contract Audit Agency (DCAA) audits and ensures appropriate contract management and spending, fostering accountability and efficiency within federal contracting. BOOST LLC specializes in guiding GovCons through the complexities of DCAA regulations, making compliance straightforward and manageable for your business.

Why Is DCAA Compliance Important?

DCAA compliance is critical — even for small businesses. The DCAA conducts audits and offers advisory services to federal agencies, such as the Department of Defense, to ensure government contractors of all sizes manage contracts and spend money appropriately. The Federal Acquisition Regulation (FAR) is one of their primary guides for performing audits, as it outlines a set of consistent and uniform policies and procedures for the federal acquisition process.

By adhering to these regulations, businesses avoid costly penalties and position themselves as reliable partners in the federal contracting landscape. This proof of reliability can lead to more significant contract opportunities and a stronger reputation within the industry. Becoming DCAA compliant can bring benefits such as:

  • Saved resources: When you spend the time and money to ensure your DCAA compliance now, you can save more time and money in the future as you grow.
  • Improved preparedness: Preemptively becoming DCAA compliant can save you the headache of dealing with an audit, since you’ll know everything is in order.
  • Increased opportunities: Large integrators and other teaming partners are more likely to work with your small business if you are DCAA compliant. This enhancement to your competitive edge can make it easier to secure valuable contracts and partnerships that can drive growth.

Types of DCAA Audits

The DCAA conducts a variety of audits, including:

  • Pre-awarded surveys: Surveys such as SF1408 evaluate a contractor’s financial and operational capabilities before awarding them a contract.
  • Price proposal: Price proposal audits assess the reasonableness of pricing in submitted proposals to ensure that costs are fair and compliant with regulations.
  • Forward pricing: These audits review the contractor’s projected costs for future contracts to verify that pricing and cost estimates are accurate and allow for effective budgeting.
  • Incurred cost: An incurred cost audit examines actual costs incurred during contract performance to determine if they align with the contract terms and compliance requirements.
  • Business system: This audit evaluates the effectiveness and reliability of a contractor’s business systems, including accounting, estimating and purchasing, to ensure they meet DCAA standards.
  • Floor check: Verify employee timekeeping and labor distribution practices by observing operations on-site in a floor check audit. This practice ensures that time reported aligns with actual work performed.
  • Other audits: The contracting officer may request numerous other audit types to address specific concerns or compliance issues as they arise.

How BOOST LLC Can Help

Navigating DCAA compliance becomes seamless with BOOST by your side. Our team specializes in government contracting and possesses in-depth knowledge of the unique accounting requirements in this industry. We begin by evaluating your existing systems to assess your current level of DCAA compliance. From there, we provide tailored recommendations and ongoing support to enhance your processes and ensure adherence to regulations. Our comprehensive approach includes developing customized compliance plans, providing staff training and implementing effective monitoring systems to maintain compliance over time.

With BOOST’s expertise, you can streamline your compliance efforts, mitigate risks and focus on what you do best — growing your business. Partnering with us means gaining a dedicated ally committed to your success in the complex landscape of government contracting.

The Benefits of Partnering With BOOST LLC

Partner with BOOST to experience advantages such as:

  • Cost-effective solutions: Recruiting and maintaining an in-house accounting team with the right experience and expertise can be challenging. When you let our seasoned professionals handle your DCAA compliance needs, you can redirect the time and money you would have spent on an in-house team to other critical components of your business.
  • Expert support: The accounting professionals at BOOST have extensive experience working specifically with GovCons. You can depend on our team to offer the experienced insights and support you need to maintain DCAA compliance as you grow your operations.
  • Informed insights: The BOOST team consistently follows the latest technological innovations to help you keep up with ever-evolving government regulations. We strive to stay at the top of our game so that we can empower you to stay at the top of yours.

Let BOOST Help With Your DCAA Compliance Concerns

Our professional team is passionate about DCAA compliance — it’s one of our favorite accounting projects to work on. You can trust us to be entirely dedicated to your success and provide the strategic advice you need to maintain compliance with DCAA requirements as you operate and expand. Contact us today to learn how we can help get your GovCon DCAA compliant.

Reviews & Ratings of Boost’s services
for Government Contractors

Quotes

The team is very on the ball and has a very high aptitude and excellent work ethic towards supporting us thus far. I am very happy about having BOOST on board.

Brian R, President & CEO IT Solutions Provider, CTG Federal

We are very pleased with BOOST’s performance. We have a weekly meeting, and they display professionalism and expertise. The team is giving us what we expected, and we’re excited that BOOST is helping us finalize the most important part of the audit process.

Matt P, VP of Operations Cyber, Data Science and Rapid Prototyping GovCon, Cynnovative.com

Five Stars

The BOOST team did an absolutely fabulous job for us with talent acquisition services. Before BOOST, things were quite a mess, but their team got on top of it, and we managed to accept many offers in one week that we broke a record! We’re really delighted with how the partnership went.

Richard H, Senior Director of Operations, Evan Consulting

Five Stars

We appreciated BOOST’s accounting team for their stellar support. The team was great to work with, understood our process, and were quick to assist with requests. Their accounting director provided fantastic financial expertise. She stayed on top of things and advised us on various aspects of our financial operations. Thank you for the back end support so we can focus on what we do best, delivering solutions to our customers

Venkat GovCon Consulting Company

Five Stars

The team has been great and meeting expectations. We like their work style because they are responsive, efficient, and highly competent. Thank you for the great support!

Laurie Z., Director of Client Relations HR, Performance Management, & Organizational Development Consulting, PDRI

Five Stars

How is it going? 

[The] Team is great, Carloe is incredible- a national treasure.

John K., Founder and CEO – SDVOSB

Five Stars

One Month Check-In – How is it going? 

After some initial intro calls, we have been set up with Brie to support some of our GSA activities, and this has been going well so far. She has been a significant value add and very responsive.

– Richard G., COO ECC

Five Stars

One Month Check-In – How is it going? 

My experience with BOOST to date has been quite positive, and I very much appreciate that you were willing to take us as a client when we are so small.  I mean it:  There’s risk in taking on smaller clients when there’s a minimum amount of work no matter the client’s size.  But I look forward to growing with you guys.  Speaking of growth, we’re up to XX people now and likely will add XX more by the end of the year.  That’s double where we were a year ago.

– Kevin S. – Partner – Intelligence Community GovCon

Five Stars

We are completely satisfied with Boost’s professional advice, service, and support.

The Boost staff are informed, responsive, catch on quickly, and are easy to work with. 10/10, no notes.

-BOOST LLC Client

Five Stars

We started with BOOST at 32 people.  We are now over 200.  I literally don’t think we could have done it without your team.

-BOOST LLC Client

Five Stars

This is just to say how much I appreciate your entire team. Our conversation with Kathy today and our conversation with Megan recently just reinforced how deep your team’s expertise is and how wonderful everyone is to work with.

Chris B.

-BOOST LLC Client

Five Stars

Reach out today to find out how BOOST can assist you.

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