Cogent People Upgrades Accounting System to Support DCAA Compliance

Ensuring Financial Transparency & Compliance in Government Contracting

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Columbia, Md., January 3, 2023 — Cogent People is pleased to announce a significant enhancement in its operational capabilities with the upgrade of its accounting system to align seamlessly with Defense Contract Audit Agency (DCAA) guidelines. This upgrade ensures that the company’s financial processes adhere rigorously to federal regulations, enhancing efficiency, accuracy, and accountability in financial management.

“Cogent People has a reputation for reliability and integrity, and compliance with DCAA guidelines is paramount as we continue to expand our presence in government contracting,” said Chief Operating Officer Dmitry Shkolnik. “This upgrade represents a significant investment in our infrastructure, reflecting our ongoing commitment to maintaining the highest standards of financial transparency and compliance in serving government contracts. Cogent People is dedicated to operational excellence and committed to providing our clients with the highest level of assurance and reliability.”

The transition to an accounting system approved to support DCAA requirements marks a strategic milestone for Cogent People. The upgraded accounting system enables Cogent People to streamline processes, improve reporting capabilities, and maintain comprehensive audit trails, thereby facilitating smoother audits and ensuring readiness for government reviews.

Cogent People is an SBA-certified 8(a), minority-owned Information Technology (IT) services and business consulting firm serving federal and state governments since 2009. We embrace the power of intellect and open-mindedness to provide forward-thinking IT and business services in the Data InnovationSoftware Engineering, and System Integration domains. We have established a reputation in the government contracting industry for exceeding expectations and providing long-lasting value, progressive solutions, and superior delivery and results. Our commitment to quality is corroborated in the company being appraised at Maturity Level 3 for Development and Services by the CMMI Institute.