Jason Rice, Senior Consultant

Jason is a Senior Consultant with Wessel & Company, he joined the firm in 2006.

Professional and Industry Experience

Jason plans and supervises various audit, review and other attest engagements for privately held business clients in a variety of industries. His responsibilities also include the delivery of various business advisory services to his clients.

As a niche service, Jason also performs consulting engagements for Federal government contractors. These services include the development of indirect rates, contract pricing, DCAA audit support, and also assistance with contract specific compliance issues.

Areas of Expertise

  • Manufacturer auditing and consulting
  • Defense contractor consulting
  • Engineering companies auditing
  • Non-profit organization auditing

Industry Experience

  • Setting up inventory control procedures
  • Monthly reporting package (Flash Report)
  • Federal Acquisition Regulations (DFAR, HHSAR, CAS)
  • Incurred Cost Electronically (ICE Report)
  • Indirect rate development
  • Contract operational review and risk assessment
  • Experience with accounting systems including: Deltek, QuickBooks, SAP and EPICOR
  • Accounting System reviews

Speaking Engagements

  • FAR Part 31– Allowable vs. Unallowable costs
  • Inventory Observations and Testing
  • Audit Clients Risk Related to ICE Models
  • Incurred Rates—Importance and Uses
  • GovCon Industry Updates & Hot Topics

Community Profile

  • Treasurer (2020-Present)
    -National Contract Management Association
  • Secretary (2018-2020)
    -National Contract Management Association
  • Education/Certification Chair (2017-2018)
    –National Contract Management Association
  • Treasurer (2014-2015)
    -Johnstown’s Young Professionals of the Alleghenies
  • Single Audits – OMB A-133
  • Local Governments
  • Non-profit Organization
  • Manufacturing & Distribution
  • Government Contractors
  • Architects, Engineering and Construction
  • Pennsylvania Institute of Certified Public Accountants
  • National Contract Management Association
  • Young Professionals of the Alleghenies
  • University of Pittsburgh at Johnstown
    -Bachelors of Arts in Accounting
  • Certified Public Accountant