Josef Kamara CPA, CISSP, CISA, ACCA

The government pays interest when it pays late. Most contractors never claim it. The Prompt Payment Act gives contractors an automatic right to interest penalties on overdue invoices, but invoice errors and missed deadlines leave millions uncollected every year.

DCAA questioned billions in contractor costs last fiscal year. The same ten findings drive the majority of those questioned costs. Every one of them is preventable with the right accounting controls in place before the auditor arrives.

DOGE terminated over 13,000 federal contracts in 2025, according to federal procurement tracking data. The contract cancellation itself is rarely what kills a small GovCon firm. The indirect rate spiral that follows is.

Choosing a GovCon bookkeeping provider? 10 questions to ask before signing. CPA-managed DCAA compliance guidance from Amerifusion Bookkeeping.

How to conduct and document a compensation reasonableness study under FAR 31.205-6. Covers the $695,000 cap for 2026, salary survey sources, the fringe benefit trap, owner compensation rules, and bonus documentation requirements.

A phased 90-day DCAA audit preparation playbook covering self-assessment, remediation, and readiness testing. Includes the first test auditors run, voluntary deletion strategy, and audit-type-specific preparation priorities.

Prime contractors bear full responsibility for subcontractor accounting compliance on government contracts. DCAA audits the prime’s subcontract management system, cost tracking, consent documentation, and flow-down clauses. One weak subcontractor creates questioned costs across the entire contract.

CPA-managed bookkeeping protects government contractors from DCAA audit findings, questioned costs, and False Claims Act exposure. Learn why CPA oversight matters.

Complete DCAA accounting system checklist covering all 18 DFARS 252.242-7006 criteria. Self-assessment guide for government contractors.

DCAA runs 7 distinct audit types: pre-award survey, incurred cost, floor check, forward pricing, business system, CAS compliance, and special audit. Preparation guide for each.