DCAA COMPLIANCE BLOG

Government Contract Accounting GovCon Industry News & Discussion

Federal Government Flow Down Requirements on Federal Contracts

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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...

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Government Contractors: DCAA, FAR and Other Compliance Issues

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Running a small business is a challenge.  I saw a statistic the other day that less than half of small businesses survive to see their 5th birthday.  If it isn't enough facing challenges of cash flow,...

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Rooting Out Unbilled Cost and Fee on Cost-plus Type Contracts

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What a great feeling it is to find a $20 bill in your jacket pocket. It’s a happy surprise many of our clients have come to experience, only the cash they find lingering in the corner of their contracts...

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DPAP seeking input on the FAR

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The Directorate of Defense Procurement and Acquisition Policy (DPAP) has requested input on the statutes and regulations that govern the purchasing process.  Originally the DPAP requested all comments 30...

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Accelerated Payments to Small Business Contractors

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Late last year the Federal Government changed the Federal Acquisition Regulations (FAR) to make mandatory accelerated payments to small business, especially from certain agencies.  This began with policy...

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So you want to be a government contractor?

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Many small businesses are looking to the Federal Government for either a solid first market or a market expansion for their business.  I think the Federal Government is a good customer to have, as long...

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Invoice Compliance for the Federal Contractor

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In the past we have talked about DCAA compliance on Federal Contractors and focused mainly on the accounting system.  Many times some of the auxiliary systems get either "swept under the rug" or assumed...

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Where did the FAR come from?

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Most contracts with the Federal Government are governed by the regulations set forth in the Federal Acquisition Regulations (FAR).  While most government contractors have heard of the FAR, and may have...

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