• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

125 Rowell Court, Falls Church, VA 22046

Blog

Careers

Client Portal

703.386.7864

Schedule Consultation

diener-site-logo

Diener & Associates

Northern Virginia CPA Firm

  • Services

    • GovCon Consulting
      • Accounting Services
        • Accounting Systems
        • Compliance
        • GAAP
        • ICE Model
        • Timekeeping
      • Agency Compliance
        • CAS
        • DCAA
        • DCMA
        • DFARS
        • DOD
        • FAR
      • Contract Management
        • Bidding
        • Modification
        • Negotiation
        • REA
        • Renewal
        • Termination
    • Outsourced Accounting
      • Accounting Services

        • Accounts Payable
        • Accounts Receivable
        • Bookkeeping
        • Cash Disbursement
        • Financial Planning
        • Financial Reporting
        • Payroll Services
      • Markets Served

        • Government Contractors
        • Nonprofits
        • Small Businesses
    • Consulting & Advisory
      • Business Valuation
      • Corporate Restructuring
      • Process Improvement
      • Risk Management
      • Succession Planning
    • Tax Services
      • Compliance
      • Consulting
      • Planning
      • Preparation
  • About
  • Blog
  • Careers
  • Contact
  • Schedule Consultation

DCAA Compliant Timekeeping

a government contractor ensuring her organization is DCAA compliantThe most miscalculated regulation cited in a DCAA audit is related to timekeeping and timekeeping procedures. Conserving DCAA compliant timekeeping requirements is critical when working with any government agency including DOD, NASA, DHS, and DOE contractors. Inadequate timekeeping procedures could lead to employees being improperly compensated or uncompensated. To be able to preserve DCAA timekeeping requirements, heavy attention to detail and adherence to mandated timekeeping procedures by employees is essential.

DCAA operates under the DOD, whose purpose is to provide audit and financial advisory services to businesses and contractors that are attempting to procure government contracts. To be DCAA compliant, you must have the ability to track the time of each employees’ work hours accurately and consistently. The inability to maintain those expectations will negatively impact your company’s chance of acquiring future government contracts.

Are you ready to receive comprehensive government contract consulting for your company?

Reach out today.

Schedule Consultation

How to Achieve DCAA Compliant Timekeeping

It is crucial to set up proper and accurate timekeeping procedures to achieve DCAA timekeeping compliance. These procedures must be performed consistently and regularly supervised. The basic requirements include:

  • A timekeeping system that identifies labor by intermediate and final cost objectives.
  • A labor distribution system that charges direct and indirect labor.
  • All employee time must be accounted for daily by the work activity being performed.

a team of CPAs ensuring DCAA compliant timekeeping for an organizationBy having a dedicated accounting team focused on your organization’s timekeeping, your organization will be able to achieve proper DCAA timekeeping. Your organization can either build an accounting team within or outsource an experienced accounting team. The biggest benefit of outsourcing accounting services will allow you to focus on safeguarding daily operations as well as developing your organization. Meanwhile, the CPA’s at Diener and Associates will implement a consistent and accurate timekeeping system for your organization that closely follows the DCAA regulations.

Ensure DCAA Compliant Timekeeping With Expert CPA Guidance Today

If you are interested in consulting with Diener & Associates’ CPAs about DCAA compliant timekeeping strategies for your organization, reach out to us by phone at 703.386.7864 or schedule a consultation online today. We offer exceptional timekeeping solutions that allow you to adequately track your hours on a job and your employee hours, allowing you to run an effective and efficient accounting process while remaining DCAA compliant.

Primary Sidebar

Get assistance with DCAA Compliant Timekeeping

  • This field is for validation purposes and should be left unchanged.

Accounting Services

  • Accounting Systems
  • Compliance
  • GAAP
  • ICE Model
  • Timekeeping

Footer

diener-site-logo
Diener & Associates CPAs LLC
125 Rowell Court Falls Church, VA 22046 703.386.7864

Link to company Facebook page

Link to company LinkedIn page

Company

  • About
  • Blog
  • Careers
  • Client Portal
  • Contact

Our Services

  • Consulting & Advisory
  • Outsourced Accounting
  • Tax Services
© 2025 Diener & Associates CPAs LLC · Powered by 321 Web Marketing · Website Privacy Policy & Terms of Use