DCAA Accounting- To Outsource or Not to Outsource?
Accounting, record keeping, and money management is vital to the functioning and success of any business. For government contractors, well kept financials are imperative, therefore an accountant familiar with DCAA rules and regulations is a necessity. Options such as expensive software programs are available, however only a true professional understands all of the ins and outs of DCAA compliance standards. This is where outsourcing comes in handy. Here are a few reasons why one should consider outsourcing the DCAA accounting functions of his or her business:
· Significant Cost Savings: No need to pay overhead and payroll expense, yet you still receive full time service.
· Expert services: Expect professionals that are fluent in DCAA regulations and requirements so you don’t have to be.
· Return on Investment: As with anything, your return will reflect what you put in, thus hiring an experienced DCAA accountant will prevent the costs of fixing a non- compliant system later.
· Experience: All in all, an experienced government accountant is much more likely to set up a compliant accounting system than, an accountant looking to teach his or herself.
Keep in mind, DCAA compliance now operates on a pass or fail basis, with little middle ground. For the new government contractor, an outsourced accountant may be the most hassle free solution for the setup and maintenance of DCAA compliant books.


