When a company is awarded a Fixed Price award, specifically a fixed price NSF grant or SBIR grant, from the government, usually all the financial risk is on the contractor. This means the government is...
Earlier this week I wrote an article about the declining amount of ethics evident in our society today. I didn't spend enough time relating this directly to DCAA Accounting and DCAA compliance. I wanted...
I saw an article on a news feed the other day that indicated there has been a change in the amount of cheating in business over the last several decades. The article also indicated that the level of...
The Federal Government has specific instances when they can withhold payment of money owed to Government Contractors. Many companies that are in the business of government contracting do not fully...
The 2012 Defense Reauthorization Act also renewed the SBIR and STTR programs. There were certain elements of the Act that required the SBA to establish new policy in order to implement the portions of...
Many times the closeout of a federal contract can take years, especially with the backlog at the DCAA today in auditing Incurred Cost Reports to determine final indirect billing rates. This delay in...
Last week I had the opportunity to meet David Hahn the new chairman of the NDIA Small Business Division. David presented his briefing on the plans for the Small Business Division for the coming year....