Saint Francis College, Bachelor of Science in Accounting

Professional
Profile

 

Jeffry L. Karr, CPA, CPCM

Partner

Jeff has been in public accounting since 1981. He has extensive knowledge and experience with government and commercial construction, services and other related contractors.

Jeff regularly assists clients with matters involving finance, claims, bonding, overhead rate structures, indirect cost issues, contract termination settlements, and compliance with Federal and State contracting regulations. His specific areas of concentration include long range planning, financial statement and tax return preparation, regulatory compliance, claim preparation, and other support services related to contracting issues.

Industry Specific Courses Completed

  • Formation of Government Contracts
  • Applying the Federal Acquisition Regulations Cost Principles
  • Recovering Overhead in Government Contracts
  • Cost Accounting Standards
  • Audits in Government Contracting
  • Negotiations in Government Contracts
  • Administration of Government Contracts
  • Government Contract Law
  • Cost and Price Analysis

Professional And Civic Organizations

Jeff serves as the Vice President and on the Board of Directors for the Hampton Roads Utility and Heavy Contractors Association.  He is also a member of the National Contract Management Association (NCMA), the Construction Financial Management Association (CFMA), the Associated General Contractors (AGC), and currently serves on the Board of Directors of the Hampton Roads chapter of the Design Build Institute of America (DBIA).

Jeff is a member of the Virginia Society of CPA‘s (VSCPA), and has previously served on the Board of Directors, as well as a Specialized Industries Resource Group Leader for the VSCPA. His responsibilities included providing resource tools to the construction industry for systems controls, accounting information, technology, tax and continuing education resources. These efforts included coordination with regard to issues specific to VDOT such as, assisting with prequalification applications, C-37 forms, agreed-upon procedures, and other related matters.

Jeff also serves as President of the Natchel Blues Network (NBN).