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government accounting


Federal Acquisition Regulations, Cost Accounting Standards, Indirect Rates, Incurred Cost Submissions

Government contractors are required to comply with the Federal Acquisition Regulations, which means that the accounting work can be quite a bit more complicated than the average business. While you focus on the operations of the business, let Finfrock & Co., Inc. help you maintain compliance. We specialize in providing monthly accounting services, financial statement review, and training for those clients who want to keep their regular accounting work in-house. Whether you need full-service, or high-level guidance, we are here to support you and your business. 

Tax Consulting & Preparation

tax consulting and preparation

In tax law, there are often several ways to handle a particular transaction. If you're not looking at all of your options, you could be paying more than you should. For government contractors, typical tax planning strategies don't always work in your best interest, so you need someone who can provide the pros and cons from both perspectives. Regardless of your industry, size, or complexity, or whether you have government contracts, we can help guide you down the right path to help you meet your specific goals.

Corporations, Partnerships, Individuals, Income Tax, Payroll Tax, State and Local Tax, Indirect Tax, Sales and Use Tax

DCAA audit support

DCAA Audit Support

Accounting Systems, Vouchers, Incurred Costs, Proposals, Provisional Billing Rates, Floor Checks

Are you new to government contracting and need to pass a DCAA pre-award audit? Are you an established contractor who needs additional support to ensure the audit goes smoothly? Let our experts assist you with preparing for and completing a DCAA audit. Jaime Finfrock, President of Finfrock & Co., Inc. is a former DCAA Senior Auditor who is now using her experience to help contractors meet their compliance requirements. She knows the internal processes of DCAA and can help you navigate during what can be a stressful time. 

Accounting System Implementations

As a company grows, it must inevitably change accounting systems to meet its ever-changing needs. Whether you are just starting out and looking at getting into QuickBooks, or you're a large established company that needs a more robust system, or something in between, let our team manage your implementation and ensure a smooth transition. We can perform retroactive implementations, new company start-ups, or transition into new application. We also provide training for users of the system and can assist in developing customized internal policy and procedure documents.

Accounting system implementations

QuickBooks, Procas, Unanet, Oracle, SAP, OneSource, MAS, Creative Solutions, PeopleSoft

transfer pricing

Transfer Pricing

IRC sec. 482, Cost Allocations, Best Method Rule, Arm's Length, Comparability, Mergers & Acquisitions

While transfer pricing compliance is often considered an advanced tax topic impacting global organizations, companies of all sizes and industries can have inter-company transactions that require compliant transfer pricing policies. Without the proper policies and procedures in place, a company can quickly run into serious compliance issues.


Contact our team today to discuss your business needs and help you develop a plan to meet the requirements for the Best Method Rule, Comparability, and Arm's Length Range. 

Payroll Services

Whether you want to learn to process your own payroll, or you would rather have it done for you, we are here to provide the services you need. As approved partners of ADP, SurePayroll, and Gusto, we can help you manage your payroll and make decisions on how to meet your requirements as an employer.

payroll services

Payroll Processing, Fringe Benefits, Employee vs. Independent Contractor

fraud triangle

Internal Controls, Investigative Services, Training and Awareness

Fraud Detection & Risk Mitigation

Would you know if someone within your organization were committing fraud? Do you know where your biggest operational risks are within your company? If you do, then congratulations! For those that are unsure, we can be that extra set of eyes you need to take a critical look into your daily operations, compliance activities, or financials to detect fraud or identify risks that could lead to fraud or failed audits.

We would all like to think that everyone is trustworthy, but the truth is, the majority of fraud is committed by trusted employees. Opportunity is the only preventable part of the fraud triangle, but companies rarely know what to do. Contact us today to find out more about this comprehensive service that could help save your company money by reducing waste, improving compliance, and preventing fraud.

To learn more about how internal fraud could impact your company, click on the graphic below to review a presentation from HISCOX.

fraud statistics

Small and Mid-Sized Business Bookkeeping and CFO Services

small and mid-sized business bookkeeping and CFO services

Need help maintaining your books? Most small and mid-sized businesses run as lean as possible and don't always have the funds to hire a full-time bookkeeper, let alone a CFO, and it's hard to find quality people who want to work part-time. That's where FCI comes in.


We assist clients all over the country with daily bookkeeping, financial reporting and analysis, regulatory compliance, and business financial planning. Whether you need help with a cap table and employee stock options, or you just need help with maintaining your QuickBooks file, we can fill your needs, allowing you to focus on running your business. 


FCI takes a concierge-level approach to all clients, learning your business operations, goals, opportunities for improvement, etc., to provide you with the best possible service. 99.9% of our services are provided remotely from our offices in SE Michigan, using the cloud and messaging services to share files and communicate. We recognize though that there may be a visit or two needed at times, so we offer that as an option, but it's rarely needed since we communicate regularly with our clients providing full support without requiring expensive travel. If you're looking for the help of experienced professionals, but don't have the funds to hire full-time staff, contact FCI today to discuss how we can help.

Cloud hosting andcomputing

Cloud Hosting and Computing

Need to access files and apps on the go? Or have multiple users on your QuickBooks Desktop software? How about being able to provide a reliable network for employees to access without having to maintain expensive servers onsite or in remote locations? FCI's partnership with Ace Cloud Hosting (ACH) can help resolve all of those needs, and more!

FCI can coordinate the setup of your cloud access and ensure it meets your needs. If you have your own version of QuickBooks Desktop (Pro, Premier, or Enterprise), you can move your license to the cloud to allow for online access for multiple users without having to switch to QuickBooks Online or experience any data loss or feature loss. If you don't already have a version of QuickBooks, ACH offers monthly leasing of QB Desktop licenses.


ACH provides hosting on super fast SSD servers equipped with the latest technology, and guarantees a 99.995% server up-time. The days of data loss are in the past with dual backups and robust recovery schemes, making your data as secure as it can get. ACH is SSAE-16 certified with Tier 3 and 4 data centers located across the country that are protected with 24/7 CCTV surveillance, on-site security staff, controlled access, antivirus, firewalls, and real-time Intrusion Detection and Prevention Systems. In addition to security and data access, you'll get 24/7 IT support from ACH's in-house team of experts by phone, chat, and email. 

In addition to QB, ACH offers hosting for Lacerte, ProSeries, Sage (50, 100, and 500), ATX, Drake, ProSystems, Microsoft Exchange, Office 365, and many more.  You can easily host your most important business applications in a secure cloud environment, allowing employees secure access to the resources they need, without the expense of computers, servers, VPN's and IT staff.

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