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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 Military Contracts Go to Large Defense Firms, But Small and Medium Enterprises Play a Crucial Role in Innovation and Technology
68 %+
Global Cybersecurity Market for defense is expected to exceed $19 Billion by 2026
$ 19 B+
is the market size for unmanned aerial vehicles (UAVs) by 2030
$ 100 B+
is Expected to be Spent on Defense Modernization by the U.S. Army over the Next 10 years
$ 195 B+

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.
Trending Insights

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Preparing Your Business for Lease Accounting Changes

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The Retail Revenue Revolution You Can’t Ignore

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Are Finance Teams Ready for Real-Time Data?

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Indirect Tax Compliance

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CFOs must be more than CPA

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CFOs Are Outsourcing Accounting Functions

ADDITIONAL INSIGHTS

Technology, Corporate Tax

Optimize Cash Flow with AI – Powered Insights and Automation

Latests Changes to U.S. Corporate Tax Laws

The Future of Corporate Tax

Blockchain’s Role in Shaping Secure Financial Practices

Digital Acceleration 2024 Outlook

Blockchain-Based Asset Tracking for Accuracy

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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Tax Credits: Inflation Reduction Act of 2022

The Inflation Reduction Act offers organizations unique opportunities to leverage tax credits and drive innovation—unlock significant savings today by discovering how your organization can cash in on substantial discounts with these valuable incentives. The Inflation Reduction Act (IRA) introduces over 70 dynamic tax credits—ranging from investment and excise to production

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Embracing Risk for Opportunity

Turn Risk into your greatest ally — Discover how smart risk management can unleash transformative opportunities for your business. In the vibrant and unpredictable world of business, risk is not just a hurdle to overcome—it’s an invitation to innovate and excel. Every decision you make opens the door to new possibilities,

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Tokenization: A Catalysis for Change in Financial Services

As financial institutions face economic challenges, discover how tokenization is transforming asset management and paving the way for a more agile and inclusive financial landscape. In the evolving landscape of financial services, institutions need to adapt in the face of economic constraints, high interest rates, and intensifying competition. As traditional

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Optimizing Your Physical Inventory for Saving Costs

Want to cut costs and improve cash flow? Discover how optimizing your physical inventory process can boost efficiency, reduce errors, and give your business a competitive edge. Effective inventory management plays a pivotal role in controlling business expenses. While many focus on sales, marketing, or production costs, inventory management—specifically physical

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Cost Optimization Takes Center Stage for CFOs

Amidst soaring inflation and market volatility, CFOs are prioritizing cost optimization, revealing how fractional CFO services can empower organizations to enhance efficiency and seize growth opportunities. As we move into the coming year, many Chief Financial Officers (CFOs) are placing a strong emphasis on cost optimization amid a backdrop of economic

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Enterprise Risk Management (ERM) Blueprint

In today’s fast-paced and complex business environment, organizations across all industries are grappling with increasing challenges and risks. The ultimate solution lies in implementing an effective Enterprise Risk Management (ERM) program, which not only addresses risks but also enhances overall business strategy. What is ERM?Enterprise Risk Management (ERM) is a

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Leveraging Data Analytics in Private Equity

Discover how data analytics is revolutionizing private equity, empowering firms to uncover hidden opportunities, minimize risks, and make smarter, faster decisions that drive long-term growth and outperform competition. As markets become more intricate, private equity firms (PEFs) are increasingly turning to data analytics as a strategic tool to enhance decision-making, optimize

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Unlocking Efficiency with Tax Technology Solutions

Discover how tax technology solutions can streamline compliance, improve accuracy, and reduce tax liabilities. Learn about the latest tools transforming tax operations for businesses of all sizes. IntroductionIn today’s digital landscape, businesses are turning to tax technology solutions to manage complex tax requirements more effectively. These advanced tools not only

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The Future of Corporate Tax

Explore the future of corporate tax, influenced by globalization, digitalization, and demands for fairness. IntroductionAs the world of business continues to evolve, so too does the landscape of corporate taxation. With governments around the globe reevaluating their tax policies, the future of corporate tax is poised for significant changes that

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Outsourcing Internal Audit Functions

In the contemporary business landscape, outsourcing internal audit functions has emerged as a strategic option for companies aiming to improve resource allocation, elevate audit quality, and minimize expenses. Many organizations are increasingly adopting this practice to enhance efficiency and manage costs effectively. This strategic decision can streamline operations and provide specialized expertise that typically

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SME Internal Controls for Risk Advisory

Small businesses are the backbone of the United States economy. It is, however, usually their small size that makes them more prone to risky instances such as fraud, operational inefficiency, and regulatory violations. Internal controls not only prevent loss for small businesses but also generate trust, efficiency, and long-term success.

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Financial Shared Services Centers

FSSCs enhance corporate financial operations by centralizing and standardizing processes, leveraging automation, and driving growth through innovation and technology, allowing organizations to thrive globally. The Financial Shared Services Center (FSSC) is a management strategy that consolidates the financial and accounting functions of multiple branches within a corporate group into a single, cohesive

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