DCAA Compliance & Audit Specialists — Virginia GovCon Corridor

    Government Contractor Audit Firm for Virginia

    Virginia government contractors on cost-reimbursable work face DCAA scrutiny at three points: the pre-award accounting system survey (SF 1408 adequacy criteria), the annual Incurred Cost Submission required by FAR 52.216-7 (due six months after fiscal year end), and cost allowability under FAR Part 31. A CPA firm cannot perform DCAA's audits — but it can build the accounting system, indirect rates, and submissions that pass them, alongside the GAAP audits your bank and surety require.

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    What Does DCAA Actually Audit — and How Do You Prepare?

    The three DCAA touchpoints every Northern Virginia cost-type contractor should be ready for, plus the GAAP audits the private side demands.

    Pre-Award Accounting System Survey (SF 1408)

    Before your first cost-reimbursable award, the government evaluates your accounting system against Standard Form 1408: direct/indirect cost segregation, job costing by contract, a logical indirect allocation method, compliant timekeeping, and controls over unallowable costs. We configure QuickBooks or your ERP, chart of accounts, and written policies to pass — before the survey happens.

    Incurred Cost Submissions (FAR 52.216-7)

    The annual ICE-model submission is due within six months of fiscal year end for contracts with the Allowable Cost and Payment clause. We prepare the full schedule set — indirect rate calculations, cost reconciliations, and unallowable cost screening — and support you through any DCAA incurred cost audit that follows.

    FAR Part 31 Cost Allowability

    Allowable, allocable, reasonable — every claimed cost must clear FAR Part 31, and expressly unallowable costs (entertainment, alcohol, certain lobbying, fines) must be excluded from billings and rate pools under FAR 31.201-6. We build the screening into your month-end close so it isn't a year-end scramble.

    GAAP Audits for Banks, Sureties & Primes

    Lines of credit, surety bonding, prime contractor flow-downs, and M&A diligence all demand audited or reviewed GAAP financial statements — separate from DCAA. We deliver both sides so your cost accounting and your financial statements tell the same story.

    How Do We Get a Virginia Contractor DCAA-Ready?

    A structured path from commercial books to a cost-type-ready accounting system.

    1

    Gap Assessment Against SF 1408

    We walk your current system — chart of accounts, timekeeping, indirect pools, policies — against the pre-award survey criteria and deliver a prioritized remediation list.

    2

    System & Rate Structure Build

    Direct/indirect segregation, job costing by contract and CLIN, fringe/overhead/G&A pool design, and provisional billing rates that won't blow up at true-up.

    3

    Policies, Timekeeping & Unallowables

    Written accounting and timekeeping policies, labor distribution controls, and FAR 31.201-6 unallowable screening embedded in the monthly close.

    4

    Submissions & Audit Support

    Annual Incurred Cost Submissions, provisional rate proposals, and side-by-side support during DCAA audits, floor checks, and accounting system reviews.

    Typical GovCon Engagement Costs — Virginia

    Typical ranges for Virginia government contractor engagements (2026). Actual fees depend on contract mix, rate structure, and system condition — every engagement is individually scoped with transparent pricing.

    FeatureEngagementTypical RangeTypical Timeline
    Pre-award accounting system readiness$4,000–$12,0003–8 weeks
    Incurred Cost Submission (ICE model)$5,000–$15,0004–8 weeks
    Financial statement audit$10,000–$25,000+6–10 weeks
    Review engagement40–60% of audit cost4–6 weeks

    Related Government Contractor Resources

    Government Contractor Audit

    Our full govcon audit and compliance practice.

    DCAA Incurred Cost Audits

    Incurred cost submission preparation and audit support.

    FAR 31 Compliance

    Cost allowability, allocability, and unallowable screening.

    Nonprofit Audit Services

    Single Audits and GAAP audits for federally funded nonprofits.

    Virginia Government Contractor Audit FAQs

    Common questions from Northern Virginia contract CFOs, controllers, and founders.

    Pursuing Your First Cost-Type Contract — or Facing a DCAA Audit?

    Tell us your contract mix and where you are in the process. We'll map exactly what your accounting system, rates, and submissions need — with a clear timeline and transparent pricing.

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    Serving Virginia's govcon corridor — Alexandria, Arlington, Fairfax, Tysons, Reston, Chantilly — 100% virtually. CPAs licensed in multiple states, including Washington DC.