Canton, GA CPA / Global Defense Consulting

At Global Dynamic Consulting the health and safety of our office staff and clients are our top priority. With the COVID-19 virus having an increasing impact in our community, we want to let you know how our business is addressing this situation. During this difficult time, we are committed to serving our clients and staff with care and consideration. 

Guiding Businesses through the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act Loan Process

Under the most recent SBA Program guidelines, we will provide advisory services to help understand the relevant aspects of the Economic Injury Disaster Loan (“EIDL”) or Paycheck Protection (PPP) loan programs.

Many factors can increase the complexity of the application process and we are here to assist you. Although GDC cannot guarantee that your loan package will be accepted or your loan forgiven, we can assist you in working with and selecting participating SBA lenders.  Qualification, loan acceptance and loan forgiveness is at the sole discretion of the participating SBA lenders.

Assistance with the Paycheck Protection Program Loan Application

What GDC can do:

  • Provide a general checklist of documentation required to support aspects of the loan application

  • Technical support and guidance for the PPP loan application

  • Assist in the calculation of Average Monthly Payroll and other financial element to establish the basis for the Loan Amount

  • Conduct an overview of the loan package before submission to an SBA lender

Assistance with Accounting for COVID-19 Actions

These unprecedented times have resulted in unprecedented disaster relief solutions and unique contract actions.  Many of these actions will require specific accounting treatments, actions & disclosures as well unexpected impacts to pricing and indirect rates. 

Whether you are a government contractor or commercial business, GDC can help you.  Our financial and business advisors can provide consultative services to assist you in adapting your systems and processes, as well as analyzing business and financial reporting impacts.

Let GDC help you:

  • Accounting for COVID-19 actions and programs

  • FAR compliance

  • Pricing, modification and Request for Equitable Adjustment (REA) contract actions

  • Indirect rate/pricing multiplier impact scenarios

  • Deltek Costpoint and other system changes

If you have any questions or need further assistance, please contact

Jim Spencer at 719-238-5546 or email jspencer@gdcus.com