Findings validate Axiom’s accounting system meets standards for government contracts and awards.
Axiom today announced it has successfully met several key milestones that ensure its accounting systems meet necessary regulations and compliance for federal contracts. Through its successful completion of a Defense Contract Audit Agency (DCAA) cost accounting system audit, Axiom has achieved compliance with Federal Acquisition Regulation (FAR) requirements and has received the DCAA’s important determination that it has a compliant and approved Cost Accounting System.
The DCAA accounting system determination indicates that the Axiom’s cost accounting system is adequate for accumulating and billing costs under federal government contracts and is suitable for the award of prospective federal cost type contracts.
Achieving a DCAA Compliant Cost Accounting System will enable Axiom to remain compliant with the myriad of U.S. federal government cost accounting standards that are incorporated into the FAR, while expanding and maintaining important government contracts. FAR requirements and DCAA determinations work to ensure accurate government contract accounting and help to protect agencies and taxpayers against federal contract accounting fraud.
About Axiom Consultants
Axiom Consultants, Inc. (Axiom) is a technology, science & engineering and management consulting firm whose expertise assists our clients improve their operations, strategies and reach their modernization goals. Our tailored solutions focus on delivering excellence to our clients while taking into consideration their challenges and organizational needs. Axiom has a successful track record of delivering innovative solutions across Federal and commercial clients. Axiom’s IT Modernization capabilities, emerging technologies, cloud, cybersecurity, strategy and business transformation have helped the company establish itself as a trusted advisor to agency customers.
Axiom is an SBA certified 8(a) Economically Disadvantaged Woman-Owned Small Business (EDWOSB) which is based in the Washington, DC Metropolitan area.