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KNOWLEDGE - CONFIDENCE - TRUST

 

Are you planning to go in contract with the federal government? Do you need a consultant for your Governmental Accounting & Auditing needs? Have you bid or acquired a contract from various governmental agencies such as Department of Defense? And you need consulting to handle the books and records of your firms and respond to the various Audits of agencies such as the Defense Contract Audit Agency (DCAA)? Look no further.  Our office will provide the service for you.   Mr. Jahanian, CPA, Cr.FA, EA has the experience that you need in this specialized, unique area.

 

Biography:

Services provided by Mr. Jahanian CPA, Cr.FA, EA, are key to making contract decisions.  Mr. Jahanian’s experience in the field of GOVERNMENTAL ACCOUNTING and AUDITING started with an agency under the United States Department of Defense (DOD), called the DEFENSE CONTRACT AUDIT AGENCY (DCAA).  He worked his way up by being a successful auditor for about 8 years, where he performed a variety of Governmental Accounting and Auditing Services to a Supervisory Auditor where he supervised/and managed various audits of small and large companies with gov’t contracts. 

 

Governmental Audit

We Help Clients Get Government Contracts.   Shahram Jahanian CPA, Cr.FA, EA understand the federal procurement process and can help you tap into this enormous buyer of goods and services.

Our office will provide consulting, auditing services, and financial advices to all contractors of the Department of Defense (DoD), and other governmental agencies.  We assist contractors in achieving and assuring compliance with contractual terms and conditions.

Our office will handle the audits and the accounting issues with Defense Contract Audit Agency (DCAA) and other governmental agencies.  We assist your company with all your contract audit services.  Let us handle the contract audits requested by DCAA.

We are the accounting and financial advisors to contractors.  We handle various types of audits, and perform analyses and prepare you during the negotiation process.  We provide a wide range of audit and financial advisory services supporting the negotiation, administration, and settlement of contracts.

We handle the issues between DCAA and DCMA (Defense Contract Management Agency).

We also provide consulting and other accounting/auditing services for all other federal agencies, such as Department of the Army, Department of the Navy, Department of the Air Force, and etc.

Below we have listed the services and the supports that we offer.  As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.

 

• DCAA Audits
• We provide assistance and supports to Contractors for compliance with contractual provisions having accounting or financial significance such as the Cost Principles (FAR Part 31), the "Cost Accounting Standards Clause" (FAR 52.230-2) and the Clauses pertaining to the Truth in Negotiations Act (FAR 52.215-10, -11, -12, and -13).
• Preaward Survey of Prospective Contractor Accounting System (SF 1408)
• Requirements for Submissions
• Contract Financing and Interim (Billing) Methods
• Internal Control Systems
• Different Mandatory Annual Audit Requirements (MAARS)
• Procurement Support
• Audit Support & Planning
• Preparation of Incurred cost submissions – Incurred Cost Electronically (ICE) Model
• Incurred Cost Effort. The Federal Acquisition Regulation (FAR) requires DCAA to perform audits of claimed costs incurred and submitted by contractors for reimbursement under cost reimbursable, fixed price incentive, and other types of flexibly priced contracts to determine if the costs are acceptable in accordance with contract terms, FAR, and Cost Accounting Standard (CAS) rules and regulations, if applicable. The primary purpose of incurred cost audits is to express an opinion on the acceptability of costs claimed under Government contracts, knowledge of contractors' accounting, estimating, and internal control systems gained during these audits is invaluable to the evaluation of contractors' price proposals.
• Forward Pricing Efforts
• Price Proposal Audits
• Forward Pricing Rate Proposal (FPRP) Submissions
• Preparation of invoices/final vouchers/ and progress payments
• Assistance during System Surveys - DCAA performs these reviews to determine the reliability, propriety, and accuracy of contractors' estimating, accounting, internal control, and other systems relating to, or providing the basis for, Government contract costs or pricing.
• Corrective actions on conditions causing deficiencies disclosed in price proposal evaluations or other audit areas which require immediate reporting and resolution.
• Operations Audits. DCAA also performs a variety of economy and efficiency audits of contractor operations. DCAA operations audits are systematic reviews of contractor organizational units and functions to evaluate the reasonableness of methods and practices employed on Government contracts.
• Special Audits. The contracting officer normally requests these audits that include reviews of termination claims, progress payment requests, equitable adjustment claims, hardship claims, escalation claims, and contractor financial capability.
• Defective Pricing Reviews. The Truth in Negotiations Act (TINA), as codified in 10 USC §2306a, requires contracting officers to obtain cost or pricing data from contractors before awarding a contract unless an exception applies.  Under TINA the Government has the right to examine these records to evaluate the accuracy, completeness, and currentness of the cost or pricing data required to be submitted. DCAA is responsible for performing these reviews, which assist in determining whether a contract or subcontract price was unduly increased because the contractor failed to furnish accurate, complete, or current cost or pricing information in negotiating a contract.
• Cost Accounting Standards. Contracts and subcontracts not qualifying for an exemption are subject to CAS coverage as a condition of Government contracting. The FAR assigns DCAA responsibility for reviewing contractors' implementation and compliance with the CAS rules and regulations.
• Financial Conditions And Financial Capability Reviews
• CAS Compliance Audits
• Disclosure Statement Submission
• Cost Impact Audits
• Other Direct Audit Effort

 

Links:

• Defense Contract Audit Agency
• Federal Acquisition Regulation
• Defense FAR Supplement (DFARS)
• FAR, DFARS and Other FAR Supplements
• Cost Accounting Standards (CAS)
• Cost Accounting Standards Board
• Code of Federal Regulations for Different Gov’t Agencies
• Defense Finance & Accounting Service (DFAS)
• Defense Contract Management Agency
• Wide Area Workflow
• Central Contractor Registration (CCR)
• Electronic Document Access (Access to gov’t contracts)
• Defense Business Transformation
• Standard Procurement System
• The Business Identification Number Cross-reference System (BINCS)
• Office of Management and Budget
• Advancing Government Accountability
• Business Transformation Agency
• The Military Equipment Valuation & Accountability (MEVA)
• To locate CAGE (Commercial and Government Entity) code, DUNS number, and your Administrative Contracting Officer (ACO) Go to the DLIS (Defense Logistics Information Service) Website by using the URL for Defense Logistics Information Service
• North American Industry Classification System (NAICS)
• Defense Acquisition University
• Office of the Under Secretary of Defense for Acquisition, Technology and Logistics
• Defense Acquisition Policy Center
• Department of Defense Forms Management Program
• Government Industry Data Exchange Program (GIDEP)
• Defense Procurement, Acquisition Policy, and Strategic Sourcing (DPAP)
• AT&L Knowledge Sharing Systems
• Department of Labor (SIC CODE)
• Small Business Size Standards matched to Standard Industrial Classification (SIC) Codes
• Treasury Direct - Interest Rates/Cost of Money Rates
• U.S. Department of Defense, Standards of Conduct Office
• U.S. Department of Army
• U.S. Department of Navy
• U.S. Department of Air Force
• U.S. Department of Energy
• Defense Logistics Agency
• Defense Microelectronics Activity (DMEA)
• NASA