What are the opening hours?

Monday 8am - 5pm Tuesday 8am - 5pm Wednesday 8am - 5pm Thursday 8am - 5pm Friday 8am - 5pm

Eubanks Accounting & Advisory

Home
United States
Herndon, VA
Eubanks Accounting & Advisory

A full-service firm providing a wide range of accounting, auditing, tax and consulting services for businesses and individuals.

A full-service firm since 1988, Eubanks & Company (EuCo) provides a wide range of accounting, auditing, tax and consulting services. We are proud to have many long-standing client relationships built upon trust and service. We are committed to providing a hands-on, entrepreneurial approach that today's dynamic business environment demands. We take pride in providing personal attention and forward

thinking advice to help navigate complex business and financial issues. Some of the industries we service include:

Construction Contractors
Technology
Professional Services
Banks
Real Estate
Government Contractors
Mortgage Lenders
Not-for-Profit
Privately Held Businesses

09/04/2026

When did you last look at your year-to-date profit and loss?

Not the version sitting in your bookkeeping software. The version you actually sit down and read.

Tax planning starts there. If you do not know where you stand today, you cannot make a decision that changes where you land in April.

Set aside 30 minutes this week to pull the report and compare it to your January projection.

What surprised you most when you looked? Tell me in the comments.

09/03/2026

Four moves that still have time to work before year-end.

1. Equipment purchases
2. Retirement contributions
3. Expense timing
4. Estimated tax payments.
Each one loses value the longer you wait.

Swipe through for what to look at this month, then check it against your own numbers.

Questions about your specific situation? Drop them in the comments or book a quick call: https://calendly.com/jeubanks/15min

09/01/2026

Most business owners think about taxes twice a year. Once in March, once in a panic.

September changes that math. This is the month decisions still have room to work. Equipment purchases, retirement contributions, expense timing, and your estimated tax payments all lose power the closer you get to December 31.

I tell clients the same thing every fall. The return you file in April was mostly decided months earlier. Waiting until Q4 to start planning means reacting to numbers instead of shaping them.

Right now you can still time a purchase or fund a retirement account in a way that changes what you owe.

Pull your year-to-date numbers this week and compare them to where you expected to be. That gap is where the planning conversation starts.

Book a 15-minute call, and we will walk through what is still on the table before the fourth quarter runs out: https://calendly.com/jeubanks/15min

08/31/2026

Year-end tax planning done in December is really just cleanup. The decisions that actually move a tax bill happen in the fall, while there's still time to act on them.

By September, most of the year's revenue and expenses are already on the books. That gives an accurate enough picture to project where the year is likely to land, and that projection is what fall planning is actually for.

Equipment purchases, retirement contributions, entity structure questions, and timing decisions on income and expenses all depend on knowing roughly where the year is headed. Wait until January and most of those options have already closed.

For government contractors, fall planning carries extra weight. Indirect rates need a look before year-end to confirm they're tracking where they should be, since a rate that's off in Q4 becomes a bigger problem in the incurred cost submission.

Businesses that treat fall as planning season, not just budget season, walk into January already knowing what their numbers are going to say.

Want a read on where your year is headed before Q4 closes out? Reach out: https://eubanksaccounting.com/

08/28/2026

Most compliance problems don't start with bad intentions. They start with an internal control framework that was never built to support the scrutiny a government-approved business system actually requires.

On the latest episode of GovCon Giants, Randie Ward sits down with Giacomo Apadula, whose work spans cost accounting, regulatory compliance, and business process design for organizations ranging from large defense contractors to FFRDCs to international relief nonprofits.

Giacomo breaks down what it actually takes to get an accounting, billing, estimating, or purchasing system approved, and where organizations quietly build in the compliance risk they later get audited on.

Watch the full episode here: https://www.youtube.com/watch?v=piXey42W0WY

08/26/2026

Most businesses hire an accounting firm the same way they hire anyone else. They check the price, check availability, and assume competence is a given.

Then, eighteen months later, they discover the firm has no idea how to handle their industry's reporting requirements, technology stack, or what happens when a bank asks for something more than a P&L.
The fix is asking the right questions before signing, not after the first problem surfaces.

🔹 Do you have experience in my industry?
A firm that mostly serves retail clients won't automatically understand job costing for a construction company or indirect rate structures for a government contractor. Ask for specific client examples in your industry, not a general claim of versatility.

🔹 What regulatory requirements do you regularly work with?
If your business answers to DCAA, state licensing boards, or industry-specific compliance rules, the firm should already know that landscape, not learn it on your account.

🔹 What software and systems do you work with?
A firm that still relies heavily on spreadsheets may slow down a business that needs integrated reporting and real-time visibility. Ask what platforms they use and how those connect to the systems you already have in place.

🔹 What does my monthly reporting actually look like?
Ask to see a sample report, not just a description of the services. A firm that delivers only a basic P&L isn't the same as one that provides the analysis behind it.

🔹 What happens if I'm audited?
Ask whether the firm supports clients throughout an audit or hands them off once the request letter arrives. The answer tells you whether they're simply keeping the books or acting as a true strategic partner.

🔹Can you grow with my business?
A firm that's well-suited for a $1M business won't necessarily scale with you to $10M. Ask what services they add as clients grow and at what point clients typically outgrow their model.

The right accounting firm should be able to answer all six of these questions without hesitation. Hesitation on any one of them is information worth taking seriously before you sign anything.

08/24/2026

A full DCAA Business System Audit can pull in 15 or more auditors and stretch 12 to 18 months. That's the exposure a general accountant, unfamiliar with FAR Part 31 or indirect rate structures, leaves a contractor sitting in.

A generalist accountant can file a clean tax return and still miss unallowable costs buried in the wrong account, job costing that can't survive a proposal review, or a timekeeping gap that becomes the finding that triggers the whole audit.

One-size-fits-all accounting isn't cheaper. It's a bill that shows up later, with interest.

08/21/2026

A financial report can be accurate and still tell the wrong story if the process behind it isn't disciplined.

☑️ Clean Reconciliations
Every account, whether it's a bank account, credit card, or loan, should reconcile to its source every month. Skipping even one reconciliation can create discrepancies that compound over time and become much harder to resolve.

☑️ Accurate Accruals
Revenue and expenses should be recorded in the period they are earned or incurred, not when cash changes hands. Without proper accruals, your financial statements no longer reflect the true performance of the business.

☑️ GAAP Compliance
Following consistent accounting standards ensures your financial reports are accurate, comparable, and reliable for leadership, lenders, investors, and auditors alike.

☑️ A Disciplined Month-End Close
A standardized month-end close process, completed on a consistent schedule, is the foundation of reliable financial reporting. When the close process varies, so do the insights your reports provide.

A financial report missing any of these isn't necessarily wrong. It may simply be missing the information needed to make confident, informed business decisions.

08/19/2026

Most contractors set up their chart of accounts once, during initial setup, and never touch it again.

Then accounts get added whenever someone needs one. The numbering drifts. Categories blur. A few years later, pricing a proposal takes three days because cost data has to be manually reclassified out of a general ledger that was never built to answer the question in the first place.

Your chart of accounts is not bookkeeping housework. It's the structure underneath cost accumulation, indirect rate calculations, proposal pricing, billing, and audit defense. When it's built right, all of that flows naturally out of the general ledger. When it's not, every one of those functions becomes a workaround.

The blog breaks down what a DCAA-compliant chart of accounts actually requires: direct and indirect cost segregation, the right indirect cost pool structure, dedicated accounts for unallowable costs, and a numbering system built with room to grow.

Read the full breakdown:
https://eubanksaccounting.com/2026/06/29/6d-dcaa-chart-of-accounts-structure-that-supports-compliance-and-clarity/

08/17/2026

Most accounting errors don't come from a lack of skill. They come from a process that only exists in one person's head.

Documented procedures change that. When everyone closing the books follows the same steps in the same order, the numbers stop depending on who happened to touch them that month.
Consistency stops being a matter of who's paying attention and becomes a matter of what the process actually requires.

Errors drop for the same reason. A written procedure removes the guesswork that creeps in when someone is rushing, covering for a coworker, or just doing something from memory instead of from a reference. The steps exist on paper, not in someone's head.

Onboarding gets faster too. A new hire working from a documented SOP gets productive in weeks. One trying to reverse engineer an undocumented process from old spreadsheets and hallway conversations takes months, if they ever fully get there.

The real payoff is scale. An accounting process that lives in one person's head cannot survive that person leaving, getting promoted, or taking two weeks off. A documented one can be handed to the next person without losing what made it work in the first place.

SOPs aren't busywork for the audit binder. They're the difference between a finance function that depends on specific people and one that keeps running no matter who's on the team.

Address

950 Herndon Parkway
Herndon, VA
20170

Opening Hours

Monday	8am - 5pm
Tuesday	8am - 5pm
Wednesday	8am - 5pm
Thursday	8am - 5pm
Friday	8am - 5pm

Telephone

+17037292882

Website

http://cpadept.com/

Alerts

Be the first to know and let us send you an email when Eubanks Accounting & Advisory posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Eubanks Accounting & Advisory: