Government contracting comes with financial and compliance obligations that go well beyond standard business accounting. FAR-compliant cost accounting, indirect rate structures, incurred cost submissions, and audit readiness aren’t optional — they’re the cost of doing business with the federal government. At Yartey & Associates, we help government contractors build the accounting systems, processes, and financial disciplines that satisfy agency requirements and protect contract eligibility.

Whether you’re pursuing your first federal contract, managing multiple active awards, or preparing for a DCAA audit, our team provides the specialized accounting expertise government contractors need — without the overhead of a full in-house finance department.

How We Serve Government Contractors

• FAR-Compliant Accounting System Setup: Designing and implementing an accounting system that meets Federal Acquisition Regulation (FAR) requirements — including proper segregation of direct, indirect, and unallowable costs.
• Indirect Rate Development & Management: Calculating and monitoring fringe, overhead, G&A, and other indirect rates to ensure accurate billing and competitive proposals.
• Incurred Cost Submissions (ICS): Preparing and filing annual Incurred Cost Submissions in compliance with FAR 52.216-7, with supporting schedules accurately reconciled to your books.
• DCAA Audit Preparation & Support: Organizing your records, timekeeping documentation, and cost data to withstand DCAA scrutiny — and providing guidance and support throughout the audit process.
• Job & Contract Cost Accounting: Tracking direct labor, materials, subcontractor costs, and other charges by contract and CLIN so you always know the true cost and profitability of each award.
• Timekeeping System Compliance: Evaluating and strengthening your timekeeping policies and procedures to meet DCAA requirements and support accurate labor cost allocation.
• Outsourced Controller Services: Providing fractional financial leadership to help growing contractors strengthen their accounting infrastructure, manage growth, and prepare for larger or more complex awards.

Why Government Contractors Choose Us

Government contracting accounting isn’t something to figure out as you go — the consequences of non-compliance can include disallowed costs, withheld payments, and loss of contract eligibility. We help contractors get it right from the start and stay right as their business grows.

• Deep knowledge of FAR, DFARS, and DCAA accounting and audit requirements
• Experience supporting contractors from first award through multi-contract operations
• CPA oversight on all engagements, with proactive guidance as regulations evolve