Loving & Sperry CPAs, LLP

Government contractors not only face the same accounting issues as other companies, but also must comply with additional accounting regulations and oversight.  The Federal Acquisition Regulation (FAR) Part 31 requires the segregation of direct and indirect cost, allocation to cost objectives, and identification of unallowable costs.  Our clients are successfully meeting these requirements using various software products including QuickBooks, Deltek, SAP, BAAN and JD Edwards OneWorld.  They succeed by maintaining adequate processes, controls, and documentation.

We can help you concentrate on your business instead of red tape by providing partial or complete outsourcing solutions including general ledger maintenance, payroll, job costing, financial statements, billing, and contract required reporting.   

Whether attorneys need consulting or testifying expertise, our broad experience makes us valuable in helping resolve disputes involving government contractor cost, estimating or accounting issues.  We have provided testimony before the Armed Services Board of Contract Appeals, and Federal and State Courts.  Cases have included defective pricing allegations, REAs/claims, and other matters.  Attorney references are available. 

Our goal is to provide concise, clear explanations so that your points are understood by all parties involved, whether in negotiations or litigation.