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Government Contracting

Dedicated to Your Success

YHB serves Government Contracting businesses in Washington DC, Maryland, and Northern Virginia. Our experienced team provides everything from advisory services to audits. Our client industries range from construction, real estate, security, information technology companies and beyond. We understand the unique requirements being a government contractor has and stand ready to provide you with real solutions to help you succeed.

Supporting Your Growth with GovCon Accounting & Advisory Services

Government contracting brings opportunity, but also complex compliance requirements. Our team helps you stay audit-ready, manage costs effectively, and keep leadership focused on winning contracts. We provide:

Compliant Foundations

  • GAAP-compliant financial reporting
  • Accrual-based accounting
  • Accounting policies & procedures manual
  • Cost accounting system setup & maintenance

GovCon Expertise

  • Indirect cost rate development & monitoring
  • Incurred cost submissions (ICE)
  • DCAA audit readiness & support
  • Timekeeping compliance & labor distribution

Contract Lifecycle Support

  • Contract billing & revenue recognition
  • Job cost tracking & reconciliations
  • Subcontractor monitoring
  • Contract closeout support

Operational Strength

  • Outsourced controllership & CFO advisory
  • Budgeting, forecasting & scenario modeling
  • Internal controls & risk management
  • Accounting system technology integration

Our Core Services

Audits, Reviews & Compilations

Tax Services

Advisory Services

Audits, Reviews & Compilations

At YHB we have a thorough understanding of the Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS). We will work with you to develop solutions that help your business sustainably grow. Our professionals will complete the work in line with government auditing standards, including OMB A-133 (Yellow Book) and DOE316 audits.

Tax Services

At YHB, we take a proactive approach to providing tax services that’s guided by more than 70 years of experience, a thorough knowledge of tax laws and strategies, and a genuine desire to minimize our clients’ tax liabilities. We understand the complexity government contractors face and stand ready with the answers you need.

Advisory Services

Our experienced team can meet the full spectrum of your needs, from business organization and strategic planning to controllership services, succession planning, and ownership transfer. Our specialized understanding of government contracting enables us to deliver exceptionally effective service and advice. And our community of professional contacts allows us to quickly connect you with the other resources you may need to achieve your objectives.

No matter the challenges you face, your team of government contracting accountants and professionals are ready to provide you with the solutions and services you need to be successful.

Additional government contracting services include:

  • Interpretation of Small Business Administration (SBA) rules and regulations
  • DCAA audit and pre-award system audit assistance
  • Review and implementation of FAR compliant accounting systems
  • Analysis of indirect rate calculations and cost allocations
  • Evaluation of internal control compliance

Why YHB for GovCon?

With YHB, you get more than compliance, you gain a GovCon partner who keeps your systems audit-ready, strengthens your financial position, and equips you to pursue and win contracts with confidence. 

Ready to start the conversation?