Copyright Information

BKH LLC respects the intellectual property of other companies and individuals.

BKH LLC has no responsibility for content on other websites that we have provided links to. Content material available on other websites may be protected by copyright and the intellectual property laws of the United States or other countries. The terms of use for those websites not under our supervision regulate the use of that content and material.

Our website may include hyperlinks to third-party content, advertising or websites. You acknowledge and agree that www.bkhus.com is not responsible for and does not endorse any advertising, products or resource available from such resources or websites unless specified otherwise.

The texts and pictures used on our website www.bkhus.com may not be copied or distributed otherwise without the written approval from BKH LLC.

Acceptance of our Terms

By visiting the website www.bkhus.com, viewing, accessing or otherwise using any of the services or information created, collected, compiled or submitted to www.bkhus.com, you agree to be bound by the following Terms and Conditions of Service. If you do not want to be bound by our Terms your only option is not to visit, view or otherwise use the services of www.bkhus.com. You understand, agree and acknowledge that these Terms constitute a legally binding agreement between you and www.bkhus.com and that your use of www.bkhus.com shall indicate your conclusive acceptance of this agreement.

Provision of Services

You agree and acknowledge that www.bkhus.com is entitled to modify, improve or discontinue any of its services at its sole discretion and without notice to you even if it may result in you being prevented from accessing any information contained in it. Furthermore, you agree and acknowledge that www.bkhus.com is entitled to provide services to you through subsidiaries or affiliated entities.

Proprietary Rights

You acknowledge and agree that www.bkhus.com may contain proprietary and confidential information including trademarks, service marks and patents protected by intellectual property laws and international intellectual property treaties. www.bkhus.com authorizes you to view and make a single copy of portions of its content for offline, personal, non-commercial use. Our content may not be sold, reproduced, or distributed without our written permission. Any third-party trademarks, service marks and logos are the property of their respective owners. Any further rights not specifically granted herein are reserved.

Disclaimer of Warranties

You understand and agree that your use of www.bkhus.com is entirely at your own risk and that our services are provided "As Is" and "As Available". Furthermore www.bkhus.com does not make any express or implied warranties, endorsements or representations whatsoever as to the operation of the www.bkhus.com website, information, content, materials, or products. This shall include, but not be limited to, implied warranties of merchantability and fitness for a particular purpose and non-infringement, and warranties that access to or use of the service will be uninterrupted or error-free or that defects in the service will be corrected.

Submitted Content

When you submit content to www.bkhus.com you simultaneously grant www.bkhus.com an irrevocable, worldwide, royalty free license to publish, display, modify, distribute and syndicate your content worldwide. You confirm and warrant that you have the required authority to grant the above license to www.bkhus.com.

Changes to the Terms

www.bkhus.com reserves the right to modify these Terms from time to time at our sole discretion and without any notice. Changes to our Terms become effective on the date they are posted and your continued use of www.bkhus.com after any changes to Terms will signify your agreement to be bound by them.

Usage of Google Analytics

This website uses Google Analytics, a web analytics service provided by Google, Inc. (“Google”). Google Analytics uses “cookies”, which are text files placed on your computer, to help the website analyze how users use the site. The information generated by the cookie about your use of the website (including your IP address truncated by the last octet prior to its storage using the “_anonymizeIp()” method) will be transmitted to and stored by Google on servers in the United States . Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage. Google may also transfer this information to third parties where required to do so by law, or where such third parties process the information on Google’s behalf. Google will not associate your IP address with any other data held by Google. You may refuse the use of cookies by selecting the appropriate settings on your browser, however please note that if you do this you may not be able to use the full functionality of this website. By using this website, you consent to the processing of data about you by Google in the manner and for the purposes set out above.

You can opt-out from being tracked by Google Analytics with effect for the future by downloading and installing Google Analytics Opt-out Browser Addon for your current web browser: http://tools.google.com/dlpage/gaoptout?hl=en.

Questions ?

If you have any questions about our Copyright Policy or have found links which are not appropriately respecting the ownership of other parties intellectual property please notifiy us immediately by This email address is being protected from spambots. You need JavaScript enabled to view it..

Audit support

We support our customers during audits to understand their financial information and appropriately present it to auditors to explain and support their practices. We focus on demonstrating compliance with regulatory requirements for maximum cost recovery.

CASE STUDY: A prominent IT and management consulting entity was audited for an incurred cost proposal that had been filed. The  customer did not have sufficient staff to support or manage the audit. Our consultants provided program management for the audit and developed all materials in response to audit requests.

This included location of supporting documentation, analysis of data, assessment of risk, development of strategic positions to reduce potential exposure, and the development of all formal responses on behalf of the customer. We worked closely with key corporate officers to explain risk and propose recommendations for customer concurrence prior to presentation to auditors.

We successfully negotiated several key areas of exposure for the customer and eliminated the financial risk that would have been associated with a non‐compliant finding.

Cost allocation methodologies

We review allocation methodologies to ensure compliance with government standards. We focus on assisting our customers to develop methodologies that will maximize their cost recovery.

CASE STUDY: As a government contractor’s business grew and they expanded to a globally oriented enterprise, they found that they needed to adjust their cost allocation methodologies to better distribute relative cost to all business segments.

Although they adjusted the allocation technique, they failed to do so in a manner that was compliant with government requirements. Our consultants reviewed the allocation methodologies, developed cost impact reviews and advised the client of areas of risk so that they could develop strategies to bring their practices into compliance with government cost accounting standards (CAS).

Indirect rate calculations/Incurred Cost Submissions

We analyze direct and indirect cost structures to determine G&A and overhead rate calculations. We strive to maximize compliance and cost recovery.

CASE STUDY: A publicly traded management consulting firm that provides services to State, Local and Federal governments held multiple types of government contracts under which indirect rates were used.

As a result of SOX requirements, this firm was required to restate some of its financial information for certain fiscal years. This, in turn required the firm to also recalculate its indirect cost rates. Our consultants assisted the company by calculating the new indirect rates based upon the updated financial information.

The calculation involved a review of the company's fiscal year financial statements and general ledger trial balance, meetings with management to determine the nature of certain types of costs and determination of unallowable costs in accordance with government regulations.

Through our assistance, the company was able to present its actual, updated rates to its customer as required.

Federal Acquisition Regulation (FAR) consultation

We consult with clients regarding complex cost allowability matters and establish policies for minimizing risks of noncompliance.

CASE STUDY: A multi‐billion dollar government contractor received penalties from its first incurred cost proposal audit for the inclusion of unallowable costs in its claimed cost pools.

We assisted this client by developing policies and procedures that incorporated compliance with the FAR restrictions including salary limitations, expense reporting and the use of per diems as set by the government for as the basis of allowable cost.

Our consultants assisted the company in training its employees on the new policies and procedures to reduce or eliminate unallowable cost in future incurred cost proposals.

Government compliance program assessment and development

We assist companies in the development of policies and procedures, which provide guidance to the company and its employees in complying with government rules and regulations.

CASE STUDY:  A leading information technology firm providing services to the government realized that its policies and procedures related to how it developed budgets, allocated cost, and determined indirect rates were insufficient to handle the complex compliance requirements of government contracting.  Our consultants assessed the company’s current policies and procedures against the stated requirements of the FAR and DCAA expectations, identified risk areas and assisted in writing and implementing policies and procedures that introduced best practices and full compliance with the requirements.

We interacted with representatives of all key areas of the company's operations and administration to ensure that key risk areas were identified.

The end result was the customer passing a DCAA audit with no exceptions on its budgeting and planning function, which set the basis for annual provisional pricing structures.

Government Contracting

BKH specializes in numerous aspects of government contracting. We help commercial companies enter the government marketplace and provide the know‐how and processes to ensure the right financial structure and compliance for your government contractor business.

Professional Consulting

Our professionals are experienced in aiding our customers to develop positions on a variety of matters. As a result of our extensive experience, our clients are able to use our practical knowledge and advice to avoid potential pitfalls or remediate issues before they impact the business.

Government Funding

BKH serves entities receiving government funding and provides the highest level of professional services to our clients. All of our consultants are experienced in managing the financial interests of organizations in the private and public sectors as either CFO’s or Controllers.