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INDUSTRY EXPERTISE

DEFENSE

SCOPE

Emerging Technologies

The defense industry's accounting involves tracking government contracts, reporting financial performance, and complying with regulatory requirements to ensure transparency and accountability.
of Accounting Firms are using AI or have plans for AI​
25 %
Accounting Firms are Working Remotely (at least part-time)​
80 %+
of Accountants are utilizing Cloud Accounting​
90 %+
Companies are Outsourcing Accounting and Business Process
37 %

OUR EXPERTISE

Remain Competitive and Support Evolving Needs
Our accounting services provide a strong foundation for your business success, offering expert financial management, tax planning, and auditing solutions tailored to your unique needs.
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  • Technology
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ESG SUSTAINABILITY

SCOPE Sustainability Challenges Can Hinder Progress Organizations face challenges in implementing and maintaining sustainable practices, including limited resources, complexity, stakeholder…

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TAX POLICY

SCOPE Key Trends Shaping Modern Tax Policy The rise of remote work has led to increased scrutiny on cross-border taxation,…

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Trending Insights

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The Impact of ASC 606 on Homebuilders

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Optimizing Your Physical Inventory for Saving Costs

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AI Accounting: Revolutionizing Financial Management

Evolution of Cloud Accounting Software

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ERC Tax Credit Update

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Indirect Tax Compliance

ADDITIONAL INSIGHTS

Technology, Corporate Tax

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Indirect Tax Compliance

Cybersecurity: Protecting Financial Data

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Revenue & Tax Proposals FY 2025

Generative AI to Heighten Deception and Fraud Threats

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CFOs must be more than CPA

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FX Taxation on Intercompany Loans under Section 987

TAILORED SERVICES

Industries Expertise

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Knowledge

Our accounting services for the defense industry are specifically designed to meet the unique financial management needs of government contractors, including: compliance with DFARS and FAR regulations, financial statement preparation and audit support, cost accounting and compliance, indirect cost rate negotiations, government contract accounting, earned value management (EVM) and cost plus fixed fee (CPFF) contract support, and expertise in Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA) audits.

Resources

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Hidden Culture Costs and Path to Authenticity

Is Your Organization Paying the Price for a Toxic Culture? Uncover the Hidden Costs and the Path to Authenticity. In the modern business environment, organizational culture plays a pivotal role in determining success. A negative workplace culture can have profound implications and hidden costs that significantly impact a company’s bottom

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Clean Fuel Production Credit 2025

On May 31, 2024, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2024-49, which provides important guidance on the clean fuel production credit established by the Inflation Reduction Act (IRA). This credit, detailed in section 45Z of the Internal Revenue Code, is designed to promote the production

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Unveiling the Biggest Supply Chain Challenges of 2024

Supply chain challenges are poised to escalate in 2024. Stay ahead of the curve by tackling these key issues to enhance resilience and drive growth. As global commerce evolves, supply chains are crucial in connecting producers, manufacturers, and consumers. However, this complex web of logistics faces significant challenges in 2024.

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Navigating the Shifting Landscape of the Insurance Industry

In recent years, the insurance industry has faced a wave of crises that have fundamentally challenged the stability insurers have long relied on for predictable risk pricing and consistent growth. From natural disasters to political unrest and economic turmoil, these disruptions are reshaping the landscape of risk assessment and management, leaving insurers to

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Digital Acceleration 2024 Outlook

What will it take for your business to stay competitive in 2024’s fast-evolving digital landscape? Explore the game-changing trends in automation, data, customer experience, and cybersecurity that will define success in the year ahead. As we move into 2024, the global business landscape remains in a state of flux. While

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Latests Changes to U.S. Corporate Tax Laws

Stay updated with the latest changes in U.S. corporate tax laws for 2024. Discover key tax reforms, updates on deductions, credits, and new regulations that impact businesses. IntroductionWhether it’s a company, small or large, you need to understand how to navigate through corporate tax laws and what has lately changed

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ERC Tax Credit Update

Covid-19 StimulusThe “ERC” is the Employee Retention Credit, or ERTC (Employee Retention Tax Credit), initially announced by the IRS in 2020 to supplement businesses affected by Covid-19. At a high-level, the ERC credit would refund a portion of wages as an incentive for retaining employees during the U.S. economic shutdown

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Automation & Artificial Intelligence on Accounting Efficiency

With AI managing data entry and analysis, accountants now have more time to focus on strategic decision-making and advisory work, opening doors to new growth opportunities. Automation is changing the game in accounting, redefining traditional roles and relieving professionals from repetitive tasks. This article looks at how automation is impacting accounting

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The Rise of Virtual CFO Service

Virtual CFO (vCFO) services offer scalable, on-demand leadership support. that use automation, data analytics, and cloud-based technology as a remote service. As companies increasingly adopt digital tools, the function of the virtual CFO is set to grow. Organizations should anticipate that vCFOs will take on a bigger role in automating workflows,

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How Finance Teams Can Drive Sustainable Growth

As sustainability becomes a business essential, finance teams are at the forefront, driving both financial growth and environmental impact by integrating ESG factors into every decision. Now is the time to assess if your financial team is ready to lead the charge. Sustainability has become a core business imperative, with

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CFOs Are Outsourcing Accounting Functions

Is the growing accounting talent shortage putting pressure on your business? Explore how outsourcing can help bridge this gap, streamline operations, and ensure your financial functions stay on track. The growing talent shortage in accounting and finance is a pressing challenge for many business owners. As qualified professionals become harder to

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How AI Enhances Efficiency in Corporate Tax Compliance

AI is raising the bar with respect to the efficiency of tax processes, reducing human error, and freeing tax professionals from low-value tasks. Accuracy has long been the cornerstone of success in the dynamic world of corporate tax compliance. There is nothing more important than ensuring that calculations are correct,

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