Federal Financial Compliance Services

Navigate FAR, CAS, and DCAA requirements with confidence—audits, system reviews, and ongoing support tailored for government contractors

At a Glance

GDI Consulting’s Federal Financial Compliance Services deliver comprehensive support for government contractors—spanning incurred cost audits, CAS disclosure, FAR/CAS business-system reviews, and internal control assessments. Our team of former DCAA auditors and CPAs guides you through every phase—preparing submissions, conducting mock audits, and implementing corrective action—so you maintain full compliance with FAR, CAS, and DCAA requirements, minimize financial risk, and strengthen your audit readiness year-round (DCAA) (Acquisition.gov).

Why Federal Financial Compliance Services Matter

  • Mitigate Audit Risk: By engaging our Federal Financial Compliance Services, you reduce the likelihood of adverse audit reports and costly rework DCAA.

  • Strengthen Internal Controls: We assess your processes against OMB A-123 guidelines and FAR/DFARS criteria, then implement robust controls to close gaps Acquisition.gov.

  • Enhance Competitive Position: Demonstrating strong financial compliance boosts your standing in proposals and contract negotiations Acquisition.gov.

Free Consultation

Let’s discuss your financial compliance needs.

Overview of Federal Financial Compliance Services

Government contractors face rigorous standards under FAR Part 30 (Cost Accounting Standards) and DCAA audit procedures, making proactive compliance essential to avoid audit findings and cost-reimbursement disputes (Acquisition.gov) (DCAA). Our Federal Financial Compliance Services encompass end-to-end support—from drafting CAS Disclosure Statements to mock business-system reviews—ensuring your financial systems withstand official DCAA and DCMA examinations (DCAA).

Incurred-Cost Audit Support

Our incurred-cost audit support helps you prepare accurate, DCAA-compliant submissions and guides you through every phase of the audit lifecycle. From initial proposal drafting to final rate negotiations, we ensure your cost data withstands rigorous review.

  • Proposal Preparation: We compile and review your incurred cost submissions per DCAA criteria DCAA.

  • Audit Negotiation: Our experts represent you during audits—reconciling cost elements and negotiating final indirect rates DCAA.

CAS Disclosure & Compliance

Maintaining a compliant CAS Disclosure Statement is critical to avoid audit findings and penalty adjustments. We draft, review, and validate your DS-2, then test and remediate your accounting practices to meet FAR Part 30 standards.

  • DS-2 Drafting: We prepare your CAS Disclosure Statement in line with FAR Part 30 requirements .

  • Compliance Testing: Our team evaluates your cost accounting practices, identifies deficiencies, and delivers remediation plans .

Business-System Reviews

A robust business system is the cornerstone of audit readiness. Through mock DCAA and DCMA reviews, we simulate official examinations of your purchasing, estimating, and accounting processes—identifying gaps and training your staff on corrective actions.

  • Mock DCAA Audits: Simulated examinations of your systems prepare you for official reviews .

  • Policy Development: We create SOPs and policies that align with FAR, DFARS, and CASB rules .

Internal Control Assessments

Effective internal controls minimize financial risk and ensure regulatory compliance. Our risk-based assessments benchmark your processes against OMB Circular A-123 and other federal standards, then implement continuous monitoring to keep you audit-ready.

  • Risk-Based Reviews: Targeted assessments of high-risk processes against OMB A-123 guidelines .

  • Continuous Monitoring: Ongoing dashboard reporting keeps you informed of compliance status and regulatory updates.

Why Choose GDI Consulting for Federal Financial Compliance Services?

When it comes to navigating complex federal financial requirements, you need a partner with deep audit experience, practical solutions, and a proven track record. Here’s why GDI Consulting stands out:

  • Former DCAA Auditors on Your Side
    Our team includes ex-DCAA and DCMA auditors who know exactly what reviewers look for—and how to help you pass with flying colors.

  • Tailored, Actionable Remediation Plans
    We don’t just point out deficiencies; we deliver clear, step-by-step corrective actions and work alongside your team to implement them.

  • Year-Round Audit Readiness
    Through mock reviews, control assessments, and continuous monitoring dashboards, you’ll always be prepared—no last-minute scramble required.

  • Integrated Compliance & Capture Expertise
    As part of the broader GDI Consulting family, we can seamlessly connect your financial compliance work with capture strategy, proposal services, and pricing to maximize your win potential.

  • Proven Results
    Hundreds of government contractors trust GDI Consulting for incurred-cost audits, CAS compliance, and business-system reviews—and enjoy fewer audit findings and stronger internal controls.

Federal Financial Compliance Services FAQ

An incurred-cost audit reviews the actual costs you’ve claimed on a contract against your submitted incurred-cost proposal. It ensures compliance with FAR cost principles and DCAA requirements, reconciles cost elements, and establishes your final indirect rates.

Preparation involves compiling accurate financial records, completing your incurred-cost proposal per DCAA guidance, implementing strong internal controls, and conducting a mock audit to uncover gaps before the official review.

A CAS Disclosure Statement is a formal document that describes your cost accounting practices. It must align with FAR Part 30 requirements and accurately reflect how you accumulate, assign, and allocate costs.

Mock reviews simulate DCAA or DCMA examinations of your purchasing, estimating, and accounting systems. They help identify compliance gaps, train your staff on audit procedures, and reduce the risk of adverse audit findings.

We establish dashboard reporting and regular check-ins to track key compliance metrics, flag emerging issues, and update your controls—keeping you audit ready year-round without last-minute scramble.

Our services are ideal for any government contractor—large or small—seeking to pass DCAA and DCMA audits, maintain CAS compliance, strengthen internal controls, and improve their competitive positioning in federal procurements.

Further Reading

Ready to Start Your Compliance Audit?

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