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Contracting with the federal government is a competitive industry in Washington, DC, across the nation and around the world. The scrutiny of entities that are awarded government contracts and grants highlights the advantages of collaborating with experienced accounting professionals. Gelman, Rosenberg & Freedman offers technical expertise, in-depth understanding of the federal audit process and years of experience assisting businesses and nonprofit entities that receive US government funding from grants, cooperative agreements and contracts.
Our professionals assist clients in the navigation of complex federal regulations to ensure compliance with US government requirements and procurement and accounting rules as they pertain to Cost Accounting Standards and the Federal Acquisition Regulations. The end result is increased understanding on the part of our clients.
Our government contracting team was developed by Jerry Rosenberg, a founding partner of Gelman, Rosenberg & Freedman CPAs, as well as a former employee of the federal government, who accumulated unique familiarity with this industry through four years of experience as an auditor for the Defense Contract Audit Agency. As Jerry is now retired, he has passed his role to John Pace, CPA, CVA, a manager in the firm’s client services department with experience with the FAR, CAS and other regulations related to government contractors. Other staff has hands-on experience working in the private sector for government contractors. Gelman, Rosenberg & Freedman provides the following services for entities that contract with the federal government:
- Accounting and management system consulting
- Audit/assurance services
- Business valuations
- Compliance with Defense Acquisition Regulations, Federal Acquisition Regulations and Cost Accounting Standards
- Contract negotiation and management
- Accounting software support
- Development of cost and pricing strategies
- Development of strategic business plans
- Financial planning
- Indirect rate structure and NICRA projections
- Management support for SBA 8(a) certification
- Outsourced accounting
- Client consultation to prepare for DCAA audit (accounting systems compliance, financial capability, contract close out, incurred costs)
- Preparation of incurred cost submissions
- Accounting systems audit, incurred cost audit and financial capability audit
- Request for Proposal for preparation and evaluation
- Tax planning and preparation
Our experienced experts will help you meet the challenges of becoming a contractor, managing the process of working with the federal government and achieving financial success for your business or nonprofit organization.
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This was my first time working with auditors and I was bracing for a tough audit and tax experience, but Jim Larson and his engagement team of Bob Maleta and Hang Hoang were very patient, kind and accommodating in breaking down their complex questions into layperson’s terms I could understand.
Carol | Binstock
The Quixote Center