DCAA Compliance Blog

Your Source for DCAA News and Information for Contractors

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

DCAA ICE Submission Due Date Approaching

Posted by Tyler Link on Mon, Apr 15, 2019 @ 09:23 AM

ReliAscent would like to remind contractors that if you had a Cost Reimbursable type contract in 2018, your Incurred Cost Proposal / ICE Submission is due 6 months after the end of your FY (per FAR 52.216-7).  If your FY ends on Dec 31st, that means your submission deadline is rapidly approaching, and it's time to get started!

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Topics: incurred cost proposal, DCAA ICE, DCAA ICE Submission


Visit ReliAscent at: "A Day With the DCAA & DCMA - Understanding Government Contract Compliance" (Colorado Springs, CO)

Posted by Mike Anderson on Wed, Mar 27, 2019 @ 12:14 PM

ReliAscent would like to invite all Small Business, Colorado Defense Contractors to attend an event hosted by the NDIA and Colorado PTAC, in Colorado Springs, tomorrow.  We encourage you to bring questions as this is the best time to ask for insights and tips on the complicated matters of business systems and federal contracting compliance. 

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Topics: DCAA compliance, NDIA, Colorado PTAC, ReliAscent Events, DCAA Training


DCAA Accounting System Requirements - Making Sense of the SF1408

Posted by Tyler Link on Wed, Mar 20, 2019 @ 10:59 AM

When a Small Business contracts with the Department of Defense, NASA, or the Department of Homeland Security (and potentially other agencies), they are often required to have a DCAA compliant accounting system. While there are many components of a compliant system (just as there many types of DCAA audits), the underlying procedure for assessing a contractor’s system is guided by the Standard Form (SF) 1408 (also known as the “Preaward Survey of  Prospective Contractor Accounting System”), seen here below:

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Topics: DCAA compliance, DCAA accounting, DCAA compliant accounting software, SF1408, DCAA Accounting System, DCAA Pre-Award Survey


DCAA Compliance for Small Business

Posted by Mike Anderson on Fri, Mar 15, 2019 @ 10:25 AM

Many small businesses come to us with the question of “what do I need to do to have an accounting system that is DCAA compliant”? That is a good question, and somewhat complicated for a small business. See Figure 1 for a quick summary of what is required. In today’s rapid paced electronic world, many people are looking for a panacea software that answers all their needs. Just purchase this software and that is all you need to do. Life should be this simple, right? Well, not exactly. Just like the old computer programming adage, “garbage in, garbage out”, the software is only as good as the knowledge of the operator and the integrity and structure of the information going into the software.

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Topics: Is quickbooks dcaa compliant?, DCAA Accounting System, DCAA QuickBooks, Quickbooks DCAA


ReliAscent Releases our First White Paper of 2019: "Capped Indirect Rates - Friend or Foe?"

Posted by Tyler Link on Wed, Feb 13, 2019 @ 11:34 AM

ReliAscent® is proud to announce the release of our first white paper of 2019, written by our own Account Executive, Dave Donley. This paper explores Capped Indirect Rates, and was recently featured in Contract Management Magazine.

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Topics: white papers, managing your indirect rates, Capped Indirect Rates