DCAA COMPLIANCE BLOG

NEWS, HELPFUL TIPS, AND DISCUSSION WITH INDUSTRY EXPERTS

The importance of a Government Contractor's Cash Flow

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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...

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Impacts of ending Sequestration

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There are plenty of people offering suggestions about what the government's sequestration is doing to the industry of government contracting. Defense contractors are the largest segment of this...

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Sequestration and Major Program Changes

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As the Federal Budget changes and is whittled down, there will obviously be some programs that will be cut and or eliminated. It has been widely publicized that non-essential travel has been greatly...

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Using QuickBooks® for Government Accounting

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The number one software for accounting for small business is usually considered to be the QuickBooks® program. This program is very flexible and very complete for setting up and operating a small...

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Why does a government contractor need a CFO?

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Last week we talked about the top reasons a government contractor needs to outsource their CFO function. I think it is prudent to step back and look at why a small business needs a Chief Financial...

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Should a government contractor outsource their CFO?

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A few years ago we wrote a blog about the importance of a CFO in a small business. Most small businesses either think they don't need one or that they can do it themselves. I think this topic is...

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Government Contracting Accounting Requirements

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Ok, so you have an award from the government and you understand that there are requirements on how your accounting system is set up and operated. Where do these requirements come from? How do you know...

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Intellectual Property and the Government Contractor

Strategizing and protecting your IP rights is crucial to companies, especially within industries that are highly technical.The government understands this, especially for small business, and has...

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