GAITHERSBURG, MD – The McKelvey Group, Inc. (TMG) announces its newest service offering: GovAcct, a fully-compliant Accounting System for small Government Contractors. The GovAcct solution allows contractors to take the worry out of identifying, configuring, and operating a Government-compliant Accounting System. It allows contractors to focus on business development and operations instead of accounting.
GovAcct meets all applicable Federal Acquisition Regulations (FAR), Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS) and Defense Contract Audit Agency (DCAA) Guidelines. The system includes Hosted Accounting Software and Document Libraries, an Accounting Policies and Procedures Manual, a Government General Ledger and Chart of Accounts, Segregation of Direct/Indirect/Unallowable Costs, Payroll Administration, Timesheet Administration, Detailed Job Costing, Automated Indirect Rate Calculations, and Monthly Management Reporting. In addition, all Accounting System Audit Support, when required, is included.
TMG is offering GovAcct at a monthly fixed-price based on Client revenues. Discounted hourly rates are offered for typical add-on services, such as Incurred Cost Submissions, Forward/Provisional Pricing Proposals, and Project Control Support. Although GovAcct was built for Federal Government contractors, any small, professional services, commercial company would benefit from the structure provided.
“We are experts in DCAA audits,” said Sona Noss, VP of Accounting Solutions at The McKelvey Group. “Every client we’ve represented has passed its accounting system audit on the first try, and we’re proud of that. After having done it successfully so many times, it just made sense to build a standard solution for a lower cost to our clients.”
Riding on the GovAcct product rollout, The McKelvey Group is also hosting a free Webinar on October 12 from 2:00 – 3:00 pm EST to discuss the significance of DCAA-Compliant Accounting. The Webinar will be an informational session presented by Sona Noss and Matt McKelvey, President of The McKelvey Group.
“We’re looking forward to sharing our experience with DCAA compliance with our audience,” said Matt McKelvey. “We know the significant value contractors can realize with a compliant system in place.”
To learn more or register for TMG’s October 12 Webinar on DCAA-Compliant Accounting, click on the following link: https://attendee.gotowebinar.com/register/1656931415000545795.
CONTACT: Jacylyn Syfu
The McKelvey Group, Inc.
800-246-3154 ext. 822
About The McKelvey Group:
Headquartered in Gaithersburg, MD, The McKelvey Group, Inc. (TMG) has been providing services to companies in the Government and Commercial markets for 15 years. TMG’s proven services in Finance & Accounting, Government Pricing Proposals, Business Valuations, and Customized Training have earned TMG its reputation as DC’s premier financial consulting firm for high-growth companies. With consultants holding more than 100 combined years of Federal contracting experience, the direct involvement in more than $20 billion in proposals and contract awards, and extensive knowledge of the FAR, DFAR, CAS requirements and DCAA, TMG has provided successful results for its clients since 2001. For more information, please contact Jacylyn Syfu at The McKelvey Group, Inc., 9841 Washingtonian Boulevard, Suite 200, Gaithersburg, MD 20878, by phone at 800-246-3154 ext. 822, or by email at firstname.lastname@example.org. General information can be found on our Website www.themckelveygroup.com, our LinkedIn Page https://www.linkedin.com/company/the-mckelvey-group, and our Facebook Page https://www.facebook.com/TheMcKelveyGroup.