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DCAA Case Studies
Kline's DCAA Accounting Services Allow FTL Labs to Focus on R&DFTL Labs Corporation is an engineering and product development company made up of a tight-knit association of Ph.D. scientists and seasoned engineers.
Maintaining an adequate accounting system and ensuring that FTL Labs meets all DCAA Compliance requirements is an ongoing, year-round effort, as is the case for all federal contractors served by the Kline team.
ICE submissions and taxes are integral components of the accounting services that Kline and Company prepares for FTL Labs. “The company provides year-round guidance to us, and we know they are always a phone call or an email away.”
Kline Provides DCAA Accounting To Those Who Train The WarFightersArrow Security & Training LLC (AST) is a privately owned training company with corporate headquarters in New Hampshire and satellite offices in Virginia and North Carolina. Among AST™s greatest assets is their solid reputation built on trust and proven performance. They have established outstanding, long-term relationships with current and past customers from the Department of Homeland Security, Department of Defense, Department of State, Department of the Interior, and other departments that serve the U. S. Government. This enhanced access has allowed the company to establish superior relationships with their clients, who serve our national interests.
As federal contracts were awarded to AST and DCAA compliance was required, Kline & Company has served AST in a consultative role, getting the company set up to meet the government’s accounting requirements. Kline & Company met with AST and reviewed their chart of accounts and timekeeping systems and put into place the procedures for accurate DCAA reporting. Sheree was instrumental in their indirect rate calculations and also creating their ICE models for submission.
Interview with Fred Kline on Celebrating 25 years in businessA look back at 25 years, and a look ahead!
Confidence in Accounting Systems at Gemedy Continues to GrowAmplify Your Intelligence
Gemedy builds intelligent software and systems to address the most demanding computational, physical, and social challenges of our times. In the words of Alex Wissner-Gross, co-founder of Gemedy, "We build software for artificial intelligence applications for a wide-ranging group of applications. We strive to humanize the interaction of various applications for our clients". Alex Wissner-Gross applies science and engineering principles to big (and diverse) questions, like: "What is the equation for intelligence?" and "What's the best way to raise awareness about climate change?" He addresses a new equation for intelligence in his Ted Talk. Join the more than 2 million viewers, found at Ted.com
"What we like best about the services from Kline and Company," continued Dr. Wissner-Gross, "is the structured accounting approach balanced by a flexible, accessible yet forward-looking mindset. We are a very innovative company and we often 'break the mold' in our line of work." He went on to say, "Kline and Company takes the time to truly understand our business, our priorities, and challenges, and they are quite resourceful in their ability to adapt and continually meet our needs. We like the fact we are able to ask questions to the team at Kline."
Safety Net Solutions Achieves High Marks for DCAA ComplianceGrowth brings new opportunities and new challenges. As a growing small business enterprise, the company was faced with new methods of managing the financial side of things, amongst which was the move from fixed price contracts to cost reimbursable contracts. As the federal contracts business grew, so did the reporting requirement and the need for meeting the government's DCAA compliance.
“The advice from Kline and Company has consistently been of the highest caliber,” according to Ross Miller, President of Safety Net Solutions. “Their work has given us more credibility as a Federal Government Contractor with all of the financial controls in place to handle today’s business and tomorrow’s growth.”
“The diligence and expertise of Kline and Company resulted in greater confidence, by the government, in our reporting and accounting methods, “ continued Mr. Miller. “We are getting very good numbers now from our accounting system, and I am confident in the information we submit to the government. I sleep better at night knowing that Kline and Company does our DCAA compliant accounting. The relationship with Fred Kline and his team is viewed as a partnership. They expect us to follow the rules, do what is necessary for proper accounting. We expect them to do their part leading our accounting and finance reporting efforts. ”
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