The intersection of professional services and government contract industry knowledge.

Government contractors face a wave of uncertainty and new regulations with each political cycle. Being agile and adaptable to changes in the industry is critical to a contractor’s success. Contractors face tough competition in an environment that thrives low cost/technically acceptable environment, while maintaining sustainability and turning a profit.

DHG Government Contracting provides assurance, tax and advisory services to a multitude of government contractors working with the Department of Defense as well as civilian and intelligence agencies. We collaborate with you to strengthen your processes and oversight around applicable FAR, CAS and regulatory requirements so you can meet DCAA, DCMA and SBA expectations. Additionally, we work proactively to help you improve both your current and future profitability.

Enhancing Your Ability to Obtain & Maintain Government Contracts

When selling to the federal government, cost control, reporting and documentation of all stages of the contract life cycle are critically important. As compliance requirements, oversight and cost pressures continue to increase, your company needs highly efficient operations, reasonable cost/price analyses and robust accounting practices to succeed in this highly regulated and complicated environment.

We Help With

Insurance Differentiators

KNOWLEDGE SHARE

Publication
CMMC In Focus: Five Takeaways From DOD’s Interim Rule On CMMC
Firm News
Steve Trautwein Joins DHG Government Contracting Advisory Practice
Publication
DoD Issues New and Revised Guidance on Section 3610 Reimbursement

SERVICES

Our service philosophy prioritizes timely and direct communication with our clients. We understand the industries in which you work and the in-depth government requirements. This allows us to suggest specific ideas and best practices to help you implement unique strategies, legal structures, regulations, processes and internal controls for your company. Our ability to provide timely insight on current challenges and trends will be a significant benefit to your organization.

DHG’s government contracting assurance group leverages in-depth government contracting industry knowledge and experience with accounting and assurance principles. Our integrated approach delves into common pitfalls, government contract compliance issues, value drivers and overall management and profitability considerations. As a result, our teams not only understand GAAP, GAAS and revenue recognition issues, but also build into their processes an assessment of a company’s significant areas of compliance with applicable regulations required by a company’s government contract.

  • Audits
  • Reviews and Compilations
  • Employee Benefit Plan Audits
  • Examination report for business system adequacy:
    • Accounting System (SF1408)
    • Estimating System
    • Purchasing System (CPSR)
    • Earned Value Management System (EVMS)

Our government contracting tax group works closely with our assurance and advisory teams to understand the industry risks and influences on planning and compliance decisions. These often lead into indirect rate recovery, executive compensation and allowability/allocability impact discussions.

Our tax services include the following:

  • Executive Compensation
  • Federal Corporate Tax
  • Financial Statement Tax Provisions
  • International Tax
  • M&A Tax Structuring
  • R&D Tax Credits
  • Sales & Use Tax
  • State & Local Corporate Tax
  • Tax Due Diligence
  • Tax Process Improvement & Automation
  • Transfer Pricing
  • Wealth Management

DHG has an extensive government contracting advisory practice comprised of former DCAA auditors as well as other professionals with significant experience in government contracts. We provide advice to our clients on finance, accounting and compliance matters associated with government contracting and deliver comprehensive regulatory compliance services to a broad range of contractors, from the top 10 largest in the world to some of the smallest, emerging entities.

  • Accounting Systems
  • Business Systems
  • Compensation/Talent
  • Contract Administration
  • Cost Accounting Standards
  • Cot Proposal Support
  • Government Contract Audit Support
  • Incurred Cost Submission
  • Indirect Rates/Cost Allocation
  • Regulatory Compliance
  • Small Business Administration
  • Subcontract Administration

DHG has a dedicated transaction advisory team that navigates complicated government contracting transactions by combining our deep industry knowledge with our extensive transaction experience. Our government contracting-focused transaction advisory professionals provide our clients with the information to make well-informed decisions to proceed, renegotiate, restructure or withdraw from a potential transaction.

  • Buy-Side Financial Due Diligence
  • Sell-Side Financial Due Diligence
  • Tax Diligence & Structuring
  • Post-Transaction Services
  • Operational & IT Diligence
Experience Assisting Contractors with Securing Data.

To assist defense contractors, DHG IT Advisory and DHG Government Contracting maintain a forward-thinking cybersecurity team with significant experience with NIST 800-171 and CMMC frameworks.  As CMMC requirements evolve and appear in DoD Requests for Information (RFIs) and RFPs, we are helping contractors anticipate potential compliance issues and prioritize resources to meet compliance objectives with the following assistance:

  • Readiness Assessments and Gap Analyses Against the CMMC Framework
  • Network Security Assessments and Penetration Testing
  • System Security Plan (SSP) Documentation Development
  • Security Awareness Training Program Assessment
  • vCISO and Project Management
  • Security Program Design and Advisory

DHG values its role as an independent assessor and advisor to contractors.  We do not resell third-party products or services and are not limited to using a single platform or product as part of our capabilities.  Clients are at the center of our work and we only make recommendations based upon what is in our clients’ best interests.

DHG’s outsourced accounting team provides accounting and bookkeeping support for government contractors. The team is proficient with all aspects of basic accounting and the unique accounting requirements that contractors and subcontractors face on a daily basis. The outsourced accounting team focuses on helping small to mid-sized businesses with applicable federal regulations for direct, indirect and unallowable costs, proper invoicing of costs to the government and allocation of costs to indirect pools. Our knowledgeable professionals can support your business from payroll to project reporting and all the steps in between. We provide an array of support services, from quarterly closing of the books and discussion with management to daily bookkeeping needs. We support many accounting platforms, including QuickBooks, Unanet, ProCas and Deltek Costpoint.

Bookeeping Services
  • Accounts Payable
  • Accounts Receivable
  • Cash Reconciliation & Reporting
  • Financial Reporting
  • Invoice Processing
  • Job Cost Reporting
  • Journal Entries
  • Month-End Close & Payroll Processing
  • Timekeeping
Other Business Services
  • Business System Implementation
    • Selection
    • Strategic Structuring
    • Project Management
  • Financial Projections
  • Improve Operational & Financial Reporting
  • Policies & Procedures
  • Streamlining Accounting Processes