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Late and less knowledge of FAR; makes a firm prone to unwanted audits and lesser profitability. In recent years it has become mandatory for a firm to have an accurate overhead rate calculation instead of an estimated FAR overhead rate used by the firms. In their contract Government can impose varied obligations as per established by FAR. Thus these agencies can be either demanding contract bids or can even insist upon the firm’s overhead rate in accordance with FAR. Joyce CPA LLC will be your helping hand in doing so with expertise. Joyce CPA, LLC provides you with the services that are required for FAR Overhead Rate Calculation: Accounting software Job Costing System Identifying Direct and Indirect Costs Discarding Unallowable Costs
