Traditionally software was either designed to meet DCAA requirements or, if it was not, there were external engines required to make the system compliant for DCAA accounting. Most of the software...
In the world of federal government contracting, there are several main types of contracting vehicles used. As a result, there are several different ways for the private business to make money contracting...
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,...