Dan Durst has experience in various accounting and compliance issues related to government contracts. Dan’s areas of expertise include Contractor Accounting & Compliance Risk Assessments, Cost Accounting Standards (CAS), Cost Allowability, Cost Proposal Preparation & Evaluation, Federal Acquisition Regulation (FAR), Forward Pricing Rate Development & Internal Rate Structures, and Incurred Cost Proposal Development. Dan is also well-versed in various levels of audit support including DCAA and Inspector General audits.
Dan’s industry experience includes defense, healthcare, pharmaceutical, and public sector. Dan has supervised and performed the audit of over 100 cost proposals submitted by prospective bidders for a Federal agency client. Dan completed the agreed-upon procedures which consisted of an evaluation of proposed direct labor, other direct costs, consultants, subcontractor pricing, and application of indirect rates including fee. He has assisted clients with complex cost accounting matters, indirect rate modeling, incurred cost submissions, estimating system reviews, evaluation of prime and subcontractor pricing, proposal development, audit support, and other regulatory compliance matters.
Prior to joining Capital Edge, Dan was an audit supervisor and lead consultant for Clarke Leiper PLLC, a member of the AICPA’s Government Audit Quality Center. He has previously held security clearances with the US Department of Defense, including U.S. DoD Secret Clearance.
Affiliations and Publications
In addition to supporting the development of Capital Edge Consulting’s customized client training and support for Grants Compliance with Thompson Grants, Dan is a member of the Professional Services Council and the National Defense Industry Association (NDIA).
Expertise and Areas of Focus
Specific areas of government contract consulting expertise include:
Federal Acquisition Regulations (FAR)
Cost Accounting Standards (CAS)
CAS Disclosure Statements
Incurred Cost Submissions
Forward Pricing Rates
Indirect Cost Structures
Defense Contract Audit Agency (DCAA) audit support and audit defense
Inspector General audit support
Internal Controls and Business System Compliance
Dan attended George Mason University where he earned a Bachelor of Science degree in Accounting with a minor in Information Technology, he later returned to George Mason University and earned a Masters of Business Administration with a concentration in Accounting.