One question we always get is how to account for uncompensated overtime. Almost every small business has at least one employee working gazillion hours over a standard 40-hour work week. The DCAA...
How do small businesses survive in the world today, especially when they are primarily government contractors? The government has such a twisted path of regulations concerning contractors and then they...
There may be a perfect storm brewing in the government contracting world that will make it harder to do business with the federal government. It started in July of 2008 when the Government Accountability...
Identifying and allocating costs on government jobs is a big part of the government's concern about the contractor's accounting systems. The Federal Acquisition Regulations (FAR) specify that "Before...
Over the years we have had many inquiries from government contractors about evaluating their accounting systems for adequacy before they actually undergo a DCAA audit. This actually makes sense in today's...
Many of our clients have noticed a "different" DCAA recently. Other clients have noticed that there is a difference in their subcontracts with major primes. All of them don't understand how they could...
Did you fill out your timecard today? I'm talking about exempt employees mainly here since non-exempt employees have always had fairly difinitive ways to record time for both government and non-government...