FAR PART 31

FAR Part 31 and CAS support designed around applicable government-contract requirements

FAR Part 31 isn't a checklist. It's the rulebook for which costs are evaluated during government review. GovCon Interactive helps government contractors build accounting systems that organize every dollar for traceability, allocability, and documentation — from cost-reimbursement readiness through full CAS-covered contracts.

CAS APPLICABILITY

Is your contract subject to CAS? Here is how to know.

CAS applicability depends on contract type, award value, and business unit status. GovCon Interactive determines which CAS clauses apply and builds the disclosure statement and cost accounting practices to match.

Cost accounting standards coverage determination document

Full vs. modified coverage

Full or modified CAS coverage is identified based on award type and value thresholds under 48 CFR 9903.

Preparing a CASB disclosure statement form

Disclosure statement (DS-2)

A CASB DS-2 is prepared from scratch, describing cost accounting practices in the language applicable government guidance expects.

Cost accounting practice change analysis

Cost accounting practice changes

Every planned accounting change is evaluated to determine whether it triggers a CAS-compliant adjustment, with the impact on prior contracts documented.

Cost accounting standards gap analysis audit

CAS gap analysis

Current practices are reviewed against applicable CAS clauses and every gap is flagged before government review.

Cost accounting standards exemption documentation

CAS exemption reviews

Contract qualification for CAS exemption is confirmed and the rationale is documented for the audit file.

YOUR NEXT STEP

Schedule a compliance assessment

We'll review your current CAS and FAR Part 31 posture against DCAA standards and tell you exactly what needs attention — no fluff, no upselling.

Scope of work

Advisory only

GovCon Interactive LLC provides consulting and implementation services only. We do not issue audit opinions or provide assurance on financial statements. Your management retains full responsibility for records, internal controls, and compliance with FAR Part 31, CAS, and DCAA requirements.

Scope of service

Advisory and implementation, not audit

We design, implement, and support your compliance program. We don't issue audit opinions or assurance. You keep responsibility for your records and internal controls.

ADVISORY SCOPE

A note on the scope of our work with GovCon contractors

GovCon Interactive LLC provides consulting and implementation services focused on FAR Part 31 and CAS compliance. We do not perform audits or issue audit opinions. Your management team retains final responsibility for the accuracy of all financial records and for maintaining ongoing compliance.

Engagement scope

Advisory work, not financial statements

We provide consulting and implementation support, not audit opinions or assurance services. Management retains responsibility for accounting records and compliance decisions.

SCOPE OF WORK

Consulting and implementation, not audit opinions

GovCon Interactive LLC provides advisory and implementation services only. We do not issue audit opinions or assurance. Management retains full responsibility for the accuracy of records and compliance.

Our scope

The Sarasota FAR and CAS advisory scope

These are consulting and implementation services only. We do not issue audit opinions or provide assurance. Management keeps responsibility for its records and compliance.

COST ACCOUNTING STANDARDS

What CAS coverage applies to your contract portfolio?

CAS applicability depends on your contract value, award type, and funding source. We help you determine which CAS clauses apply and how to structure your accounting system to meet them efficiently.

WHAT WE DELIVER

DCAA-compliant accounting systems that pass SF 1408 review

We build the internal controls, cost structures, and documentation you need to win and perform on government contracts without corrective action plans.

FAR PART 31 COMPLIANCE

What federal cost principles require

Government contractors must establish policies and accounting procedures that comply with federal cost principles. Here is what that covers.

CAS COVERAGE

Modified vs. Full CAS coverage

Cost Accounting Standards establish uniform rules for estimating, accumulating, allocating, and reporting costs on covered government contracts. Coverage depends on award value and business unit status.

COMPLIANCE DELIVERABLES

What a FAR and CAS compliance engagement delivers

Every compliance engagement produces documentation that stands up to DCAA audit scrutiny. These are the core deliverables.

A professional reviewing accounting documents on a laptop in a modern office

Your first DCAA-compliant accounting system, ready for review

Built from the ground up by someone who knows exactly what the auditors look for. No redos. No delays.

Scope of work

Review your compliance readiness with GovCon Interactive

We deliver consulting and implementation services only, not audit opinions or assurance. Management retains responsibility for records and compliance.