McNew & Associates

What McNew & Associates does

McNew & Associates is a Colorado Springs, CO-based (Monument mailing address) government-contractor advisory and back-office services firm founded in 2007, specializing in DCAA audit compliance, government cost accounting, contract management, bookkeeping and payroll, project control, DCAA submissions, and corporate training. Its offerings are structured across multiple service lines: a three-tiered Finance & Accounting practice, Bookkeeping & Payroll, Project Control Services, Contract Compliance Services, DCAA Submissions, and DCAA Audit Support, supported by a DCAA-compliant QuickBooks configuration offering. The firm serves small, mid-sized, and large government contractors requiring outsourced accounting, compliance, and project-cost functions, with engagements scalable from 0.5 FTE to 10+ FTE.

The firm's technology layer centers on the proprietary myJobCost (MJCt) job-costing and project-tracking tool, integrated alongside DCAA-compliant QuickBooks environments, with operational reach extending across the United States and select international engagements. The firm operates affiliated entities including McNew Professional Services (MPS) for structured corporate training and a partnership with McNew Recruits for recruiting and staffing, forming an integrated service ecosystem around the government-contractor compliance workflow.

Commercially, McNew & Associates generates revenue through a mixed model combining fixed monthly subscription fees, fixed per-contract fees, hourly rates, and yearly fixed-price engagements. The company is led by founder and CEO Mike McNew, a former DCAA Senior Auditor, and President & COO Lisanne McNew, with a disclosed headcount of 1–10 employees, positioning it as a boutique specialist rather than a scaled platform.

Name

McNew & Associates

Legal name

McNew & Associates, Inc.

Website

https://mcnewassociates.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

McNew & Associates is a Colorado Springs-based boutique consulting and back-office services firm that provides DCAA audit compliance, government cost accounting, bookkeeping, payroll, project control, and corporate training to small, mid-sized, and large government contractors.

Ownership category

akta.pro rank

Product category

Government Contract Compliance Consulting

NAICS

Management Consulting Services (54161), Payroll Services (541214)

SIC

Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Contract Lifecycle Management (CLM) & Document Automation (BPAEAPAD)

akta.pro secondary industry

Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)

Keywords

• DCAA compliance consulting
• Government contract accounting
• Federal contract compliance
• DCAA audit support
• Government cost accounting

Headquarters

HQ city

Colorado Springs

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Finance & Accounting Services: Fixed monthly fee structure with three support levels. Level I provides basic indirect rate and financial reporting. Level II offers enhanced compliance management and analysis. Level III provides detailed financial management acting as virtual CFO.
2. Bookkeeping & Payroll Services: Professional accountants and bookkeepers manage data entry and payroll processing ensuring DCAA/DCMA compliant books from the moment each transaction is entered.
3. Project Control Services: Fixed fee per active contract for detailed contract summary reporting and budgeting management including cost-control, man-hour reporting, and funding limitation tracking.
4. Contract Compliance Services: Day-to-day DCAA audit support, contract management, and proposal pricing assistance offered on an hourly as-needed basis.
5. DCAA Submissions: Yearly fixed price service for Provisional Billing Rates and Incurred Cost Proposal preparation and submission.
6. Corporate Training: Customized training experiences covering professional development, leadership training, teambuilding, and compliance training including DCAA compliance, government cost accounting, and FAR regulations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

McNew & Associates is a government contracts back-office and consulting firm that provides integrated DCAA audit compliance, finance & accounting, bookkeeping & payroll, project control, contract compliance, DCAA submissions, and corporate training services to government contractors. Services span the full acquisition lifecycle, supported by a DCAA-compliant QuickBooks configuration and the proprietary myJobCost reporting tool, with delivery scaled from 0.5 to 10+ FTE depending on client need.

Product overview

McNew & Associates is a government contracts back office and consulting support firm offering a comprehensive suite of integrated services for DCAA audit compliance and government contract management. The core offerings include Finance & Accounting (three-tiered from basic reporting to virtual CFO), Bookkeeping & Payroll, Project Control, Contract Compliance, DCAA Submissions, and Corporate Training. Key supporting tools include DCAA Compliant QuickBooks Configuration and the proprietary myJobCost reporting tool. The services are designed to work together as a full-service back-office solution covering the entire government contracting lifecycle from business development through contract closeout.

Differentiator

Problem solved

Functional benefit

Brands

• McNew Professional Services (MPS): Corporate training division providing professional development, leadership training, teambuilding, and compliance training services
• myJobCost

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

Two partnerships are on record, tiered supporting and core.

• McNew RecruitssupportingOthersRecruitment partnership to assist clients fill positions quickly. McNew Recruits brings experience in filling thousands of positions to bear on client staffing needs.
• myJobCostcoreTechnology or IntegrationTechnology tool partnership for government cost accounting reporting. The myJobCost Tool (MJCt) allows contractors to export data from bookkeeping software and generate detailed reports in a fraction of the time compared to manual spreadsheet development.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Aronson LLC: Mid-sized accounting and advisory firm with a dedicated Government Contracting Services practice offering DCAA-compliant accounting, contract consulting, and indirect rate support — directly comparable to McNew's service stack and target market.
• Withum: National advisory and accounting firm with a Government Contractor practice delivering DCAA audit support, indirect cost rate development, and accounting system compliance — directly competes for the same small-to-mid government contractor client base.
• Cherry Bekaert: Top-30 accounting firm with a Government Contractor practice providing DCAA compliance, FAR/CAS advisory, indirect rate modeling, and proposal pricing — closely aligned with McNew's federal contractor compliance offering.
• MorganFranklin Consulting: Advisory firm with a Government Contracting practice offering DCAA compliance, accounting system implementation, and contract management support — overlapping service catalog and target customer segment.
• Aprio: Advisory and accounting firm with a Government Contractor Advisory group providing DCAA-compliant accounting, contract pricing, and compliance services — comparable mid-market positioning with overlapping service lines.
• Citrin Cooperman: Mid-market advisory firm with Government Contract Services practice covering DCAA compliance, indirect rate work, and accounting system setup — directly comparable service offering and target client profile.
• Baker Newman Noyes: Regional accounting and advisory firm with Government Services practice delivering DCAA audit prep, indirect rate analysis, and contract accounting — comparable niche focus on government contractor compliance.

Broad incumbents

• RSM US: Top-10 global accounting firm with a Government Contracting practice providing DCAA-compliant accounting, CAS consulting, and audit support. Larger and broader than McNew, but directly competes for mid-sized federal contractor back-office work.
• BDO USA: Major accounting and advisory firm with a Government Contracting industry group offering DCAA advisory, indirect rate modeling, and compliance services. Significantly larger scale and broader geographic reach than McNew, competing for larger mid-market and large-prime engagements.

Emerging players

• Unison Technologies: Government contract management software and services company providing DCAA-compliant accounting platforms, indirect rate automation, and compliance modules. Represents the technology-enabled competitive vector that may increasingly overlap with McNew's MJCt-based service delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about McNew & Associates