Government Contracting
When it comes to government contracting, finding a CPA firm with the right expertise can be as challenging as securing the contract itself. Our custom solutions equip you with the tools and strategies you need to stay compliant and thrive in this complex sector.
Financial Clarity Begins Here
Ready to transform financial uncertainty into financial clarity? It all begins with a simple phone call.
(301) 360-9500We Simplify Your Industry-Specific Challenges
Government contracts are highly coveted—not only because of their stability and prestige but also for their potential for long-term growth. Securing those contracts is challenging enough. But once you do, you must also navigate a complex maze of regulatory standards and accounting practices.
Unfortunately, most traditional CPA firms do not have the experience to handle these unique demands.
This is where Faragalla and Associates excels.
With over three decades of experience, our team offers the specialized knowledge and industry-specific insights you need to outsmart common accounting pitfalls and maintain a competitive edge on this contract—and every one that follows.
The Principles that Fuel Your Success
At Faragalla and Associates, we believe success is mutual. That means we only succeed when you do. To ensure your success, everything we do begins with:
Integrity
We tell the truth even when it's hard. We also do the right thing—even when no one is watching. We know what it takes to build a business and promise to treat yours like it is our own.
Impactful Communication
We believe in guiding you out of the dark, not walking you further into the depths of a financial maze. That means clear, timely, and jargon-free communication delivered with a personal touch. If our insights aren't action-centric, we refine them until they are.
Continuous Improvement
In our industry, past success is rarely an indicator of future success. We strive to continuously improve and go the extra mile to ensure you achieve your goals in an ever-changing financial landscape.
Commitment
We facilitate a supportive environment to help you achieve your vision and reach your greatest potential. Our team is dedicated to providing the resources, guidance, and expertise needed to overcome challenges and seize opportunities.
Genuine Care
We have genuine concern, not only for one another but also our valued clients. We place a priority on empathy, kindness, active listening, and mutual respect. This is the foundation upon which we build every client relationship.
Accounting Solutions for Government Contractors
Budgeting
Need to tip the budget scales in a more favorable direction? Our budgeting experts navigate the complex financial landscape of federal contracts, ensuring you're on solid ground. We give you the tools you need to:
- Estimate costs for more accurate bids and proposals
- Maintain compliance with contract budget rules
- Better allocate resources and manage cash flow
Forecasting
We can’t predict the future, but we’ll give you the tools you need to anticipate the unexpected. Our data-driven approach helps you project your financial future based on historical data and market trends, allowing you to:
- Make strategic decisions about contracts that come your way
- Estimate resource demand for upcoming projects
- Demystify complex data, giving you the insights you need to chart a forward trajectory
CFO Services
Many small-to-medium-sized businesses need financial oversight. Unfortunately, the cost of hiring a full-time CFO is cost-prohibitive. This is where we come in. Our fractional CFOs:
- Provide full-time financial expertise without the full-time price tag
- Develop strategic financial plans tailored to your government contracting goals
- Ensure compliance with complex federal regulations
Data-Driven Insights
You can't chart a path forward until you know where you're at right now. Our approach to KPI management transforms elusive data into crystal-clear insights. We:
- Replace gut feelings with hard facts
- Give you up-to-the-minute views of your key performance indicators
- Empower you to make data-driven decisions that boost your contract performance
Real Reviews, Real Success
Our Core Offerings
Fractional CFO & Advisory Services
Elevate your financials without the unnecessary overhead. Our fractional CFO services provide big-company expertise on a small-company budget.
Tax Services
The word “audit” makes most people shudder. But not our clients. We turn tax season into opportunity season.
International Tax
We may have a local-first philosophy, but we have global expertise, allowing you to successfully navigate international tax regulations.
Accounting
Focus on your passion, not your paperwork. We handle the numbers so you can handle your business.
Payroll
Streamline your payroll process, stay compliant, and keep your team happy. We crunch the numbers so you can focus on what counts.
Audit & Assurance
Build trust with crystal-clear financial statements, giving stakeholders the assurance they need and you the credibility you can bank on.
Consulting
Maximize tax savings, optimize financial planning, and chart a course for sustainable growth. From startup to exit, we've got your back.
Business Valuation
When it comes to business, knowledge is power. We ensure you know your worth to maximize your exit.
Meet Your Financial Partners
We founded Faragalla and Associates in 1991 because we saw a major industry gap—too many accounting firms were leaving clients feeling overwhelmed and underserved.
We made a vow to change this by prioritizing personalized attention and clear communication at every step.
Learn more about our founding principles and the client-focused approach that has made us stand out for over 30 years.
Financial Insights: Our Blog
Transform Your Financial Uncertainty into Opportunity
Living in the financial dark means missed opportunities, unnecessary stress, and an uncertain future. Our team will give you the timely and actionable financial data you need to make informed decisions, drive business and personal growth, and secure your financial future. Contact us now for a free discovery call!