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Defense & Security
Specialized accounting, FAR/DFARS compliance, and cost accounting services for defense contractors, security companies, and government services firms.
Financial Services for Defense Contractors & Security Firms
Defense contractors and security companies operate under some of the most stringent financial compliance requirements in any industry. The Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) govern virtually every aspect of cost accounting for defense contracts. DCAA audits cost accounting practices, indirect rate proposals, incurred cost submissions, and forward pricing rate proposals with exacting scrutiny.
SMAART Company provides accounting, compliance, and advisory services for defense prime contractors, subcontractors, security service providers, and government services firms. Our team has direct experience with Cost Accounting Standards (CAS), DCAA-compliant accounting systems, CPSR preparation, earned value management (EVM), and the indirect rate structures that maximize allowable cost recovery on defense and federal contracts.
Whether you are a small defense supplier seeking your first DCAA audit, a mid-tier prime contractor managing multiple cost-type contracts, or a growing security company expanding into federal work, SMAART delivers the defense contractor financial expertise to protect your contracts and grow your business.
Core Directives
FAR/DFARS Compliance
DCAA Audit Preparation
Cost Accounting Standards (CAS)
Operational Milestones
01
Contract Compliance Assessment
Evaluate your current cost accounting system, indirect rate structure, and compliance with FAR/DFARS requirements.
02
System Implementation
Build or remediate DCAA-compliant accounting systems with proper job costing, labor distribution, and indirect cost pool structures.
03
Rate Development
Develop indirect cost rates, forward pricing proposals, and CAS disclosure statements.
04
Submissions & Reporting
Prepare annual incurred cost submissions, contract funding reports, and government-required financial disclosures.
05
Audit Defense
DCAA audit coordination, document production, finding responses, and resolution of questioned costs.
Included Services & Outcomes
DCAA-Compliant Accounting System Development
Indirect Cost Rate Proposals & Negotiations
Incurred Cost Submissions
Cost Accounting Standards (CAS) Compliance
Unallowable Cost Identification & Segregation
Forward Pricing Rate Proposals
Contractor Purchasing System Review (CPSR) Prep
Earned Value Management (EVM) Financial Support
Defense Finance Requires Exacting Standards.
SMAART's defense contractor team delivers the FAR/DFARS compliance expertise and DCAA audit preparation that protect your contracts and support your mission.
FAQ
Questions &
Answers
Get answers to the most common questions about our defense & security services.
DCAA looks for systems that properly identify and accumulate direct and indirect costs, provide a cost pool and allocation base structure that reasonably distributes indirect costs, segregate unallowable costs from allowable costs, and provide accurate, timely financial data. SMAART designs systems from the ground up to meet DCAA's Contractor Accounting System Evaluation criteria.
CAS are 19 standards that provide uniformity and consistency in how defense contractors measure, assign, and allocate costs to government contracts. CAS-covered contracts require contractors to follow these standards and disclose their cost accounting practices in a CAS Disclosure Statement. SMAART determines CAS coverage applicability, prepares disclosure statements, and manages cost accounting practice changes.
Mission-Ready Financial Compliance.
Partner with SMAART's defense industry specialists to achieve DCAA compliance, maximize cost recovery, and protect your government contracts.
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