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Streetman, Jones & Powers, LLC

Government Contractor Accounting

Contact Us (843) 723-3133

The level of scrutiny and risk associated with working with the federal government creates unique business challenges for this industry. These include: emphasis on "commercial" pricing for contracts and proposals; increased pressure on profit margins; scrutiny from government auditors regarding project costs; competition for larger and more lucrative procurements; and expectation of exemplary customer satisfaction.

Our government contractor accounting professionals have been working with government contractors for over twenty years. This experience enables us to provide a high degree of technical expertise and sound business advice oriented specifically to this industry.

We perform a wide range of traditional accounting services tailored to government contractors in a cost-effective and timely manner. These services include:

  • Financial statement audits
  • Reviews and compilations
  • Tax planning and compliance
  • Outsourced accounting services
  • Litigation support
  • Valuations
  • Forecasts

Our company also offers clients a wide range of management consulting services to help government contractors effectively use their resources and achieve their objectives. These management consulting services include:

  • Business consulting
  • CAS and FAR compliance
  • Incurred cost submissions
  • Indirect rate calculations
  • Cost proposal support

Assistance with accounting software review, selection, implementation & conversion of software systems.