Government contracting involves businesses providing goods or services to government entities through contracts governed by stringent regulations, such as the FAR and DFARS. These frameworks maintain fairness, transparency, and accountability in the procurement process, mandating compliance with CAS and other specific requirements.

Aprio specializes in guiding government contractors through this complex landscape by offering comprehensive services that zero in on the industry’s needs. Our experience encompasses government accounting, FAR Part 31 cost principles, business systems, contract and subcontract management, and proposal support.

We help clients comply, leverage cost structure, and enhance operational processes, enabling them to pursue and secure opportunities in the federal marketplace.

Navigating the federal contracting landscape requires a thorough understanding of complex regulations and a strategic approach to compliance and growth. Aprio provides a comprehensive suite of services designed to help government contractors succeed at every stage of their business journey.

• Government Contract Compliance Services: We conduct compliance assessments, develop critical business systems, and provide customized training so operations meet government requirements.
• Outsourced Accounting Solutions: Aprio streamlines financial management with full-cycle accounting, GAAP-compliant financial reporting, job costing, and indirect rate calculations.
• GSA Schedule Consulting: Securing and managing a GSA Schedule contract is essential for federal contractors. Aprio supports businesses through every step, from acquisition and pricing compliance to contract optimization and audit preparation, helping you maximize sales potential.
• Service Contract Labor Standards (SCLS) Compliance: Contractors must comply with wage determinations, fringe benefit requirements, and record keeping obligations. Aprio assists in assessing labor classifications, implementing payroll systems, and navigating DOL audits to mitigate risks.
• CMMC Advisory Services: As cybersecurity becomes increasingly critical, Aprio helps contractors prepare for Cybersecurity Maturity Model Certification (CMMC) assessments. From readiness evaluations and compliance strategies to meeting NIST 800-171 standards, Aprio will be your steady guide.
• Sustainability Services: With sustainability taking center stage, Aprio assists contractors in meeting environmental benchmarks. From calculating greenhouse gas (GHG) emissions and assessing climate risks to following sustainable supply chain practices, Aprio does it all for you.
• Joint Venture Solutions: Aprio empowers government contractors to confidently establish and manage unpopulated joint ventures and SBA compliance. Our support covers regulatory adherence, project management, accounting methodologies, and business growth strategies.

Government contractor accounting is key in maintaining adherence to stringent financial and regulatory requirements in an industry where accountability is highly important. Correct accounting is also essential for creating accurate forward pricing, enabling you to be competitive and profitable on future contracts.

Specialized accounting practices also enhance audit readiness by maintaining detailed records, streamlining incurred cost submissions, and implementing strong internal controls to reduce misallocations and misstatements.