Joseph Kamara CPA

Government-furnished property creates obligations the day the first item ships. FAR Part 45 wants records, inventories, disposition plans and loss reporting. Closeout is where contractors find out.

The government pays interest when it pays late, and most contractors never claim it. The Prompt Payment Act makes it automatic, but invoice errors and missed deadlines leave millions uncollected.

DCAA questioned billions in contractor costs last year, and the same ten findings drive most of it. Every one is preventable with controls in place before the auditor arrives.

DOGE terminated over 13,000 federal contracts in 2025. The cancellation itself rarely kills a small GovCon firm. The indirect rate spiral that follows it is what does.

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

How to run and document a compensation reasonableness study under FAR 31.205-6: the $695,000 cap for 2026, survey sources, the fringe benefit trap, and owner compensation rules.

A phased 90-day DCAA audit preparation playbook: self-assessment, remediation and readiness testing, plus the first test auditors actually run when they arrive.

The prime carries full responsibility for subcontractor compliance. DCAA audits your subcontract management, cost tracking, consent and flow-downs. One weak sub spreads questioned costs everywhere.

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.