dcaa

Axiom Receives Key DCAA Determination

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 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.

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Axiom Ranked on 2021 Inc. 5000 List

Axiom Consultants, Inc. (“Axiom”) has been ranked on the 2021 Inc. 5000 List – An “Exclusive Guide to America’s Top Private Companies.” Axiom is ranked as Number 1152 on the list.

The Inc. 5000 List is an annual listing celebrating the most successful companies within the American economy’s most dynamic segment—its independent small businesses.

Founded in 2008, Axiom is a technology, science and engineering and management consulting firm offering tailored solutions to organizational challenges and needs. An 8(a) woman and minority-owned company, Axiom offers best-in-class and data-driven solutions. Axiom enables its clients to improve their IT modernization capabilities by rendering top-of-the-line consultancy services to adopt emerging technologies, Cloud, cybersecurity, business transformation, and other solutions. Axiom first launched as a trusted NOAA partner with a hand-picked team of experts in science, program management, and leading-edge technology.

Building on a strong reputation as a best-in-class service provider at NOAA, Axiom has been able to diversify their portfolio at other federal agencies including the Department of Commerce, Navy, and Health and Human Services. Through these contract engagements, Axiom has become a trusted and well-known entity in the federal government contracting space.

Despite challenges associated with the COVID-19 Pandemic, Axiom exceeded its growth targets from under $1 million to over $10 million in yearly revenue in less than three years. Axiom was recognized as a 2021 Inc. 5000 honoree (No. 1152) for achieving a landmark three-year company growth rate of 422%. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000