Federal Contract & Grant Accounting

Winning a federal award is the hard part. Managing it compliantly is where many small businesses stumble — and where I come in. I provide the back-office financial management that federal contractors, grant recipients, and the Primes who rely on them need to stay audit-ready. The capability statement below is available as a one-page PDF on request.

Capability Statement

Financial Management for Federal Contractors & Grant Recipients

Who We Are

SimpliFi is a CFO-led accounting practice providing DCAA-compliant and Uniform-Guidance-oriented financial management for small businesses in the federal space. We help prime contractors, subcontractors, and grant recipients stand up compliant systems, track costs correctly from day one, and stay audit-ready — with CFO-level oversight, CPA expertise on the team, and full-cycle bookkeeping, payroll, and tax under one roof.

Core Competencies

DCAA-Compliant Accounting Systems – Setup aligned to FAR Part 31 and SF 1408 pre-award criteria: segregation of direct, indirect, and unallowable costs; job-cost accumulation by contract; GAAP / accrual basis.
Incurred Cost & Indirect Rates – Indirect rate structures, provisional-to-actual true-ups, and
incurred cost submission support for cost-reimbursable and T&M awards.
Timekeeping & Labor Distribution – Compliant timekeeping and labor charged by contract, task, and indirect account.
Federal Grant Management (2 CFR 200) – Uniform Guidance cost principles, indirect cost rate (NICRA or de minimis), subrecipient monitoring, and Single Audit readiness.
Contract & Grant Billing – Public-voucher and progress-payment billing, drawdown support, and reconciliation to the books.
Back-Office & CFO Support – Bookkeeping, payroll, reporting, and fractional-CFO oversight built for the GovCon environment.

Modern house at dusk with swimming pool and barbecue in backyard

What Makes Us Different

CFO-level oversight, not just data entry — Strategic financial leadership and compliance expertise from one accountable advisor.
Compliance-first from day one — Systems built to pass the pre-award survey and withstand audit, before the auditor ever calls.
One roof, full lifecycle — Setup → compliant operations → audit support → issue correction, with no hand-offs between bookkeeper, payroll, and CFO.
Built for small business — Right-sized for the small and mid-sized contractors and grantees that Primes depend on, in every industry.

How We Help Primes
For a prime contractor, a subcontractor’s weak accounting is your compliance risk. I help your subs and teaming partners stand up compliant systems and stay audit-ready — reducing flow-down risk across your supply chain and protecting your program’s performance.

Readiness & Differentiators
• Full-cycle financial management: bookkeeping, payroll, tax, and CFO advisory
• Multi-agency tax & compliance (IRS, FTB, EDD, CDTFA, LA City)
• CFO-led, with CPA expertise on the team
• Bilingual service (English / Spanish)
• Los Angeles County based; serving clients nationwide

Company information table listing UEI, CAGE, SAM.gov status, business size, founding year, location, and relevant NAICS codes for accounting and consulting services.

Why Choose Us?

Our commitment to customer satisfaction ensures that you will receive the personalized service and attention you deserve. We know that each client situation is unique so we take the time to understand your individual financial goals and provide tailored solutions that align with your specific situation.

We stay up to date with the latest tax laws so we can provide the most accurate and beneficial guidance. We prioritize professionalism, integrity, and transparency to give you peace of mind and complete confidence in our services.

Call us for a Free Consultation

Ready to take control of your finances? Schedule a free consultation and let's build a plan together.