Government Contractor Accounting

Handling government contracts involves intricate accounting procedures, which can be perplexing for many businesses. Furthermore, maintaining accounting and finance functions internally can be expensive and lead to higher indirect rates, which can  further decrease the competitiveness of the organization.

Accounting for Government Contracts

Another critical aspect for government contractors is the accurate pricing of award proposals. It is crucial to create a competitive proposal that covers overhead costs while ensuring profitability. Finally, cost proposals must be well-supported with explanations and justifications.

Government Accounting Regulations

At A4B, we have extensive experience in aiding businesses competing for government contracts with their accounting, billing, indirect cost allocations, and specialized reporting. Our team is well-versed in government rules and regulations. By partnering with A4B, you can confidently make vital financial decisions, knowing that your government accounting processes are overseen by a firm that genuinely comprehends how to assist you in achieving and maintaining compliance.

We Offer Silver and Gold Service Packages to Govcon Customers

Basic Silver Service Plan With Optional Services

Accounts Payable Processing

Accounts Receivable Management (including grants and other receivables)

Reconciliation of Cash, Investment and Other Balance Sheet Accounts

Assisting in Donor Billing

Spend Management

FAR and 2 CFR 200 Compliance

Assisting in Preparation of Government Project Related Internal Reports

Assisting in Calculating Indirect Cost Rates and Their Allocation

Assisting in Preparation of Government Financial Reports

Assisting in development of KPIs and Financial Dashboard

Assisting in Organizational Budgeting and Forecasting Process

Accounting and Integrated Technology Solutions Consulting and Implementation (Optional)

Payroll Processing and Payroll Tax Return Filing (Optional)

Assisting in 1099 Form Filing (Optional)

Annual Financial and Compliance Audit Preparation (Optional)

Annual Negotiated Incurred Cost Rate Submission (Optional)


The Gold Plan Includes all services contained in Silver Package


Bank Relationships

Credit Line Negotiation

Borrower Base Certificate

FAR, 2 CFR 200, CAS consulting

Award Cost Proposal preparation