Last week, we discussed the fact that (despite popular misconception), contractors DO NOT in fact need an "approved" accounting system in order to simply bid on contracting opportunities with the Federal...
Many new/start-up small business federal contractors often ask the question: Will not having an approved accounting system disqualify our firm from bid opportunities?
There has been a trend in the last 5 years that the DCAA is auditing fewer of the annual Incurred Cost Proposals (ICP's). This is based on the shear backlog as well as the risk factor to the government....
When a company is dealing with the DoD or NASA, it is usually very clear that their accounting systems are required to not only be compliant with FAR regulations but must be capable of passing a DCAA...
Many start-up businesses and small businesses are in need of a DCAA compliant accounting system but cannot afford many of the options for software that is DCAA compliant “out of the box”. These “out of...
ReliAscent was involved in a recent negotiation with a Government Laboratory (the Lab is currently being run by a contractor), ReliAscent was told by the contractor that “travel time should NOT be charged...
I will be speaking at the breakfast meeting for the local ACT-IAC chapter tomorrow morning. If you can, please register and join me. I will be happy to see you and talk about any issues you wish....
