Watts Group accounting professionals and CPAs offer top-quality, tailored solutions for federal contractors, nonprofit organizations, law firms and other small businesses. Founded in 2005, Watts Group has an experienced and responsive team of accounting and systems implementation experts. For more than fifteen years, federal contractors, nonprofit organizations, law firms, and other small businesses have relied on Watts Group as their accounting partner.
Led by a team of educated professionals and CPAs, Watts Group guides clients through complex accounting and implementation projects, calling on decades of experience. Our client-first, proactive approach sets us apart, providing our clients with the individualized, and customized services they need. Our mission is to provide the expert solutions that lead to client success.
Led by a team of educated professionals and CPAs, Watts Group guides clients through complex accounting and implementation projects, calling on decades of experience. Our client-first, proactive approach sets us apart, providing our clients with the individualized, and customized services they need. Our mission is to provide the expert solutions that lead to client success.
Services
Focus on financial growth with an experienced finance and accounting leader helping to support your decision-making and planning with hard and true numbers.
The cost of hiring a full-time CFO is easily over $130,000 per year plus bonuses and benefits.
Our CFO services give you a professional financial manager who works with you to guide your business to success at a fraction of that cost.
The cost of hiring a full-time CFO is easily over $130,000 per year plus bonuses and benefits.
Our CFO services give you a professional financial manager who works with you to guide your business to success at a fraction of that cost.
Meet and adhere to Federal Acquisition Regulations (FAR) to ensure DCAA compliance and eligibility to submit and be awarded DCAA Contracts.
Our process relies on accounting software to set up a new system or convert your existing accounting system to meet DCAA compliance.
Accounting system implementations include: Unanet Financials, Deltek Costpoint, JAMIS Prime ERP, QuickBooks, and more.
Our process relies on accounting software to set up a new system or convert your existing accounting system to meet DCAA compliance.
Accounting system implementations include: Unanet Financials, Deltek Costpoint, JAMIS Prime ERP, QuickBooks, and more.
Get your accounting system approved for a wider variety of contract types through a DCAA audit.
Our experts are your partner to securing approval.
If a federal contractor wishes to be eligible to be awarded a wider variety of contract types, they must have an "approved" accounting system.
The most common way for a small business to secure approval of their system is through a DCAA systems review.
If your system is set up and maintained properly, you do not need to fear this audit.
We are available to help you every step of the way through this process, which includes gathering documentation and demonstrating the system in person to the auditors.
Our experts are your partner to securing approval.
If a federal contractor wishes to be eligible to be awarded a wider variety of contract types, they must have an "approved" accounting system.
The most common way for a small business to secure approval of their system is through a DCAA systems review.
If your system is set up and maintained properly, you do not need to fear this audit.
We are available to help you every step of the way through this process, which includes gathering documentation and demonstrating the system in person to the auditors.
Your partner in submitting an incurred cost proposal, or "ICS", providing the needed supporting data for each fiscal year.
Federal contractors under Cost Plus Fixed Fee and other cost reimbursable contract types must submit an incurred cost proposal, or "ICS", together with supporting data for each fiscal year within six months after the end of the fiscal year.
To establish final indirect rates and direct contract costs, contractors must understand all components of an adequate incurred cost proposal and the costs that must be included within these submissions.
Federal contractors under Cost Plus Fixed Fee and other cost reimbursable contract types must submit an incurred cost proposal, or "ICS", together with supporting data for each fiscal year within six months after the end of the fiscal year.
To establish final indirect rates and direct contract costs, contractors must understand all components of an adequate incurred cost proposal and the costs that must be included within these submissions.
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