It is surprising to me how the word audit can create such fear in people. I think either a previous bad experience or just hearing of someone else having a bad experience in an audit probably fuel that...
Many times a small business may be working on a government contract and they may not realize they are working on a government contract since they are not contracting directly with the government. This...
If you are like me, a picture is worth a thousand words, and a moving picture is worth a thousand pictures. I am visually oriented and I think many people in today’s world are the same way. Some of us...
I often hear people say they want to buy accounting software that is “DCAA Approved”. Or sometimes they say that they need an accounting system that is “DCAA Approved”. This is a bit of a misnomer. First...
I watched a Bloomberg webinar earlier this week about the fourth quarter spending plans for the US Government. I’ve always known that there is usually money left over in the budget that ends up being...
The Small Business Administration (SBA) keeps statistics on small businesses in the United States. Recent data from the first quarter of 2014 show positive results for small business growth after a...
The House and Senate Armed Services Committees are currently looking into suggestions on how to "fix" the Defense Department Procurement system. Industry groups, such as the National Defense Industry...
Many government contractors are subject to the International Traffic in Arms Regulations (ITAR) but may not realize the implications of these regulations. Some people are under the impression that the...