It always amazes me to hear about small business entrepreneurs who are successful in receiving SBIR grants or contracts from the government but suddenly have difficulty in collecting money or continually...
Identifying and allocating costs on government jobs is a big part of the government's concern about the contractor's accounting systems. The Federal Acquisition Regulations (FAR) specify that "Before...
If small Federal Contractors didn't have enough to worry about with budget cuts and Sequestration and all there is also the unknown that relates to the pending changes in healthcare. Of course I'm...
The other day I talked about how there could be a lot of funding released in the next 3 months. I think there is some evidence already of this activity beginning. For instance, in the last week the US...
There has been a lot said about the impact of Sequestration on not only the government departments but also on Small Business. I have seen a lot of indications that small business may be...
Many times when I talk with small businesses, they don't fully understand the difference between a Federal Grant and a Federal Contract. It is important for a small business to completely understand if...
We have talked recently about outsourced CFO help as well as some of the reasons for outsourcing a small firm’s complete accounting function.By complete accounting function, we mean not only doing the...
When you receive a contract or a grant from the Federal Government, there are always lots of terms and conditions attached to these relationships. One of the most onerous is related to how you do your...