Government Contractor CPA Services in Northern VA, DC & MD

Government contractors in Northern Virginia, Washington DC, and Maryland need a local CPA who understands GovCon accounting, DCAA compliance, and the realities of small businesses to keep contracts profitable and audit-ready.

GovCon-focused CPA firm with local expertise

Akumen Accounting Group is a local CPA firm serving government contractors across Northern Virginia, DC, and Maryland with tailored bookkeeping, accounting, and tax services. We work with small and mid-sized GovCon businesses including startups, 8(a) firms, and growing prime and subcontractors who need practical guidance to stay compliant without building a full internal accounting department. With deep experience in project-based accounting, indirect rate structures, and federal compliance, Akumen aligns your back office with how federal agencies and DCAA expect your books to be maintained.

Ready to make your government contract accounting DCAA-compliant and audit-ready?

Talk to a GovCon CPA today!

What’s Included in Our GovCon Accounting Services

Akumen Accounting Group offers a comprehensive suite of accounting, bookkeeping, and advisory services designed specifically for government contractors working under cost-plus, time-and-materials (T&M), and fixed-price contracts.

DCAA-Compliant Bookkeeping and Accounting

Accurate, project-based bookkeeping is the foundation of a compliant GovCon accounting system. Akumen structures your chart of accounts, projects, and cost pools so labor, indirect expenses, and unallowable costs are tracked the way DCAA expects to see them.

  • Job-cost and project-based accounting for contracts and task orders
  • Labor distribution, timekeeping review, and payroll alignment with DCAA rules
  • DCAA-compliant general ledger structure and reporting
  • Month-end closes, reconciliations, and management financials for owners and lenders

FAR, CAS, and DCAA Compliance Support

Government contractors face a complex web of FAR Part 31 requirements, Cost Accounting Standards, and DCAA rules that dictate how costs must be accumulated, billed, and documented. Akumen helps you interpret these requirements and embed them directly into your accounting systems and processes.

  • Accounting system design and implementation to meet DCAA expectations
  • Policy and procedure development for timekeeping, billing, and internal controls
  • Indirect cost and provisional rate calculations with ongoing rate monitoring
  • DCAA audit preparation, document organization, and representation support

Outsourced Controller and CFO-Level Guidance

Growing GovCon firms need more than basic bookkeeping. They need strategic financial guidance tied to contract mix, pricing, and cash flow. Akumen provides part-time controller and CFO-level support so you can make informed decisions without hiring a full-time finance team.

  • Pipeline and backlog analysis tied to revenue and cash flow projections
  • Budgeting and forecasting for contracts, indirect rates, and overhead
  • Profitability analysis by contract, customer, and labor category
  • Support for banking relationships, loan covenants, and growth financing

GovCon Payroll, Timekeeping, and HR System Coordination

Timekeeping and labor charging are among the highest-risk areas in any DCAA review. Akumen helps you select, configure, and integrate payroll and timekeeping tools so labor is captured, approved, and posted correctly.

  • Integration between payroll, timekeeping, and accounting systems
  • Labor and leave tracking policies aligned with DCAA guidance
  • Payroll reconciliation to projects, cost pools, and indirect rate structures

Tax Preparation and Planning for Government Contractors

Government contractors face federal, state, and local tax exposure alongside heightened scrutiny of financial reporting. Akumen combines GovCon-specific accounting expertise with proactive business and owner-level tax planning.

  • Business income tax preparation for corporations, partnerships, and LLCs
  • Multi-state tax planning and compliance for Virginia, DC, Maryland, and beyond
  • Owner compensation, distributions, and estimated tax strategies
  • Support for IRS and state tax notices and audits

Local Expertise for DMV Government Contractors

Operating a GovCon business in Northern VA, DC, or Maryland requires familiarity with local requirements in addition to federal regulations. Akumen helps ensure full compliance:

  • Virginia, DC, and Maryland multi-state tax compliance
  • Local CPA guidance for registration, payroll, and contracting considerations
  • Financial reporting designed for both compliance and management insight

Why government contractors choose Akumen Accounting Group

Akumen Accounting Group works closely with government contractors to provide tailored accounting, bookkeeping, and financial advisory services that address the unique challenges of running a federal contracting business. With deep expertise in GovCon accounting, DCAA compliance, FAR and CAS regulations, and project-based reporting, we help our clients streamline operations, improve financial visibility, and make informed decisions. From day-to-day bookkeeping to strategic tax planning and outsourced CFO-level guidance, our team ensures that contractors can focus on winning and managing contracts while we handle the numbers with accuracy, compliance, and insight.

Keep your government contracting business audit-ready

Give your GovCon business the confidence of a DCAA-compliant accounting system and proactive tax strategy. Contact Akumen Accounting Group today to request a consultation and discover how a local CPA focused on government contractors can support your growth, profitability, and compliance.