Audit Services for Maryland Government Contractors - KeyCMS Accounting

Audit Services for Maryland Government Contractors

Government contracting in Maryland is full of opportunity but also full of oversight. From DCAA expectations to state-level compliance requirements, even a small oversight can put contracts, cash flow, and eligibility at risk.

Our specialized Audit Services for Maryland Government Contractors ensure your financial systems, documentation, and controls not only pass review but strengthen your business.

Why Maryland Contractors Trust Us

Deep Expertise With Federal & State Requirements

We understand the compliance landscape: DCAA, DCMA, FAR, CAS, and Maryland procurement standards. Our team ensures your systems match what auditors expect from day one.

Tailored Solutions for Small & Mid-Sized GovCons

Whether you’re a subcontractor entering your first state contract or a prime looking to tighten internal controls, we deliver right sized, practical solutions.

Audit-Ready Documentation & Systems

We help you build the financial structure, reporting mechanisms, and internal controls auditors want to see before they ask for them.

Our Audit Services

Pre-Award & Pre-Audit Readiness

  • System readiness reviews
  • Cost proposal support
  • Indirect rate structure assessment
  • Internal controls evaluation

DCAA & State Compliance Audits

  • Incurred cost submissions (ICS) review
  • Timekeeping audit support
  • Labor/overhead rate audits
  • Billing system audits
  • Contract cost tracing & allowability analysis

Financial & Operational Audits

  • Financial statement audits
  • Procurement and subcontracting compliance
  • Inventory and asset management compliance
  • Grant and cooperative agreement audits

Ongoing Compliance & Monitoring

  • Monthly/quarterly accounting oversight
  • Compliance checkups
  • Policy and procedure development
  • FAR-compliant bookkeeping and reporting

Who We Serve

Prime contractors

Subcontractors

8(a) firms & small disadvantaged businesses

Woman, minority, and veteran-owned businesses

Startups entering the GovCon market

Additional Professional Services We Offer

Accounting Services
  • Virtual Accounting
  • Management Accounting
  • QuickBooks Accounting
Bookkeeping Services
  • Accounts Payable & Receivable Outsourcing
  • Bank Reconciliation
  • Credit Card Reconciliation
  • Vendor & Customer Reconciliation
Audit Services
  • US Audit
  • Australian Audit
  • Financial Statement Preparation Services
Offshore Staffing Solutions
  • For US CPA Firms
  • For Australian CPA Firms
Payroll Processing Services
  • Payroll calculation
  • Employee setup
  • Compliance reporting
  • Monthly/quarterly filings

Get Your Free Consultation

Schedule a no-obligation call with our GovCon audit specialists today.
Get Audit Support for Your Maryland Government Contracts

Frequently Asked questions

We provide DCAA compliance audits, Maryland state procurement compliance audits, incurred cost submission reviews, pre-award system audits, internal controls assessments, and financial statement audits.
Yes. We provide comprehensive assistance regarding DCAA audit readiness, such as keeping compliant with timekeeping regulations, running allowability tests for costs, examining billing systems, and evaluating the indirect rate structure.
Absolutely. We ensure that your business is compliant from the very beginning by setting up your system, designing your accounting structure, setting up your policies and procedures, and ensuring your business is pre-award ready.
Yes. We provide monthly, quarterly, or annual ongoing compliance services, including FAR-compliant reporting, bookkeeping, reconciliations, audit monitoring, and documentation reviews.
Yes, we compile all financial reports including all the supporting detail required for the audits, in the form of balance sheets, income statements, cash flow statements, etc.
Simply schedule a free consultation, and we will evaluate your current systems, compliance requirements, and project scope to provide a suggested plan of action tailored to your Maryland GovCon needs.

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Benefits you get from us

  • Up to date accounts

  • Accurate accounts

  • Cost savings

  • Data Security