When a company works with the Department of Energy, many times there is a feeling of "freedom" with respect to a government accounting system. By this I mean that since the Department of Energy does not...
For many years government contractors have struggled with how to maintain a DCAA compliant accounting system. The original Contract Audit Manual was created in the Department of Defense in the 1950's....
There is usually no argument that timekeeping and labor recording are the most important part of government contracting. We have written many blogs on the subject. One thing that is perhaps not clear is...
How a business prices it's goods and services is key to the success of the business. For Government Contractors, this is critical as most Federal Government Contracts require the contracts to be priced...
The most important thing for any business is to generate revenue and then collect that revenue. When there is a difficulty in collecting the revenue that was generated, the business can suffer from cash...
On December 26, 2013 a new section of the Federal Acquisition Regulation (FAR) was made effective. This was an incorporation of the OMB Memoranda's (M-12-16 & M-13-15) dated July 11, 2012 and July 11,...
The National Science Foundation (NSF) was the Federal Agency that gave birth to the Small Business Innovation Research (SBIR) program. They currently are the fifth largest agency for awarding money to...
As I've mentioned before in our blog, Russ Farmer of ReliAscent (Russ is a part owner and co-founder of ReliAscent) is the chairman of the joint NDIA/SBTC committee that is working on small business...