Services > Government Compliance > Incurred Cost Audits
Incurred Cost Audits
Independent Verification of Incurred Costs
Specialized incurred cost audit services that help organizations demonstrate compliance with federal cost principles and contract requirements.
Government contractors are responsible for accurately accumulating, allocating, and reporting costs charged to federally funded contracts. Davis Farr performs incurred cost audits designed to evaluate the allowability, allocability, and reasonableness of costs in accordance with applicable federal regulations and contract requirements.
Our professionals understand the complexities of federal cost accounting and work collaboratively with contractors to perform efficient, well-documented engagements that support compliance while minimizing operational disruption.
