Government Contractors

Our professionals have experience serving the needs of government contractors in New England. We understand your most critical issues and are able to provide efficient service and practical, valuable advice, through our knowledge of accounting and regulatory matters unique to government contractors such as:

• Contract accounting including
  • revenue recognition
  • contract reserves
  • overhead rates
  • project estimates to complete
• Incurred cost reporting
• Allowable and unallowable costs
• Technology-based systems
• Information security
• Internal controls

Related to the audit services, we employ the use of specifically designed audit programs for government contractors which address, among other unique industry considerations, the use of Deltek software, Federal Acquisition Regulations (FAR), Defense Contract Audit Agency (DCAA) audit and open year considerations, and Small Business Innovation Research (SBIR) grants and teaming arrangements.

In addition to providing audit and tax services to government contractors, we have assisted our government contracting clients through business combinations advising them on matters related to due diligence, contingent considerations, and appropriate use of appraisals.

Contact Scott M. Goodwin, CPA, Member of the Firm, at 617.428.5407 or via email at sgoodwin@wolfandco.com to learn how Wolf can put their Government Contractor expertise to work for you.