Loving & Sperry CPAs, LLP

Certified public accountant in Highland Village, TX (show on map)

Since 1983, Loving & Sperry has specialized in providing high-quality income tax and accounting services to government contractors.

Call (972) 221-2069

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About

Since 1983, Loving & Sperry has specialized in providing high-quality income tax and accounting services to government contractors. Our clients include individuals and companies of all sizes across manufacturing, construction, and services industries.

We offer personalized service to help clients meet unique government contractor accounting rules using software tailored for small to large enterprises. Our team has extensive experience working with the Federal Government, government contractors, and in public accounting, providing broad knowledge and flexibility to assess needs, recommend solutions, and offer outsourced services.

Specialized in government contractor accounting

Compliance with FAR Part 31 and Cost Accounting Standards

Personalized service for diverse business sizes

Extensive experience with software solutions for various enterprise scales

Expertise in historical cost accumulation and billing

Ability to perform overhead rate audits in accordance with GAAS and GAGAS

Services

Personal and Small Business Income Taxes

Helps individuals and small businesses establish clear plans, implement and monitor those plans, and file accurate returns.

FAR Part 31 and Cost Accounting Standards Compliant Accounting Systems

Assists government contractors in complying with additional accounting regulations and oversight required by FAR Part 31.

Software solutions including QuickBooks, Deltek, SAP, BAAN, and JD Edwards OneWorld Process, control, and documentation maintenance

Historical Cost Accumulation and Billing

Provides accurate and reliable historical costs for routine billings and annual incurred cost submissions.

Invoicing through Wide Area Work Flow Preparation of annual incurred cost proposals

Cost Estimating

Assists government contractors with dependable cost estimates for initial contracts and changes, complying with disclosure requirements.

Expert Witness Testimony and Consulting Expert Assistance

Provides consulting or testifying expertise for resolving disputes involving government contractor cost, estimating, or accounting issues.

Testifying expertise Consulting assistance

Overhead Rate Audits

Performs audits of professional services companies’ overhead rates in accordance with GAAS and GAGAS.

Compliance with GAAS and GAGAS Experience with AASHTO Uniform Audit and Accounting Guide

Credentials & Certifications

Certified Public Accountant (CPA)

Since 1983

Member of the American Institute of Certified Public Accountants (AICPA)

Member of the Texas Society of Certified Public Accountants (TSCPA)

Member of the National Contract Management Association (NCMA)

Member of the National Defense Industrial Association (NDIA)

Frequently Asked Questions

What services does Loving & Sperry CPAs, LLP offer? +

Loving & Sperry provides high-quality services including personal and small business income taxes, FAR Part 31 and Cost Accounting Standards compliant accounting systems, historical cost accumulation and billing, cost estimating, expert witness testimony and consulting, and overhead rate audits.

How long has Loving & Sperry been in business? +

Loving & Sperry has been in business since 1983.

What industries do your clients include? +

Clients include individuals and companies from manufacturing, construction, and services industries, ranging from one-person firms to multinational companies.

What is the experience of your team members? +

Team members have extensive experience working for the Federal Government, government contractors, and in public accounting, with expertise in FAR Part 31, Cost Accounting Standards, GAAP, GAAS, and GAGAS.

Can you provide testimonials from satisfied clients? +

Yes, testimonials include positive feedback from Griggs Bennett of J. Diamond Group, Inc. and Toni Skiles of LopezGarcia Group, Inc., highlighting satisfaction with outsourced incurred cost reports and overhead rate audits.