GOVERNMENT CONTRACTING

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.