ABOUT
Rich Shafferman, CPA
Rich Shafferman is a Certified Public Accountant and has worked for Government Contractors since 1987. Rich has held the positions of Controller and Chief Financial Officer. He is an expert in Activity Based Costing, Construction Accounting, Accounting for Government Contracts, Cost Accounting, Budgeting, Accounting Operations, Compliance Issues, Contracts Administration, FAR Part 31 and Cost Accounting Standards.
Rich has the experience and can provide valuable insight into your financial and operational results. He is experienced with several Accounting Software Systems and is very experienced in data mining and creating custom reports for customers so they can view the financial data in a format that is meaningful for them.
He has over 25 years of experience in pricing government contracts. When Rich looks at a company one of his main objectives is determining if your system is set up to give you every possible advantage when pricing. Larger companies have sophisticated cost accounting structures that provide them greater flexibility and advantages when pricing their products and services. If you are having limited success in winning new work, having Rich evaluate your cost accounting and pricing is an invaluable service. Make sure your company's cost accounting structure is optimized to provide you with your most competitive posture.
As a former Controller and CFO, Rich can provide valuable insights into the efficiency of your accounting system in addition to making sure your system is designed to maximize your competitive position and addresses all the compliance issues facing government contractors. Rich is also experienced helping companies that are not Government Contractors. Many small and mid size commercial firms do not know their breakeven point to assure that they make a profit on the goods or services they offer for sale. Having an experienced financial professional review your financials can help you understand your operations and keep you from losing money.