DCAA Compliance Blog

Your Source for DCAA & FAR Compliance News and Discussion

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!  


 

Does your Accounting Department Help you Succeed?

Posted by Tyler Link on Mon, Aug 10, 2020 @ 11:20 AM

In the depths of a pandemic and resulting massive economic upheaval across our country and the globe, government contractors and grantees are focused more than ever on simply staying afloat; keeping the lights on and the doors open. Similarly, the accounting departments or outside firms that they rely on are solely focused on the day-to-day bookkeeping and monthly accounting—the bare minimum required to ensure compliance.

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Topics: Business Strategy, cfo for government contractors, outsourced cfo services, government contract accounting, indirect rates management


Positives from the COVID-19 Pandemic

Posted by Mike Anderson on Thu, Jun 25, 2020 @ 11:25 AM

As we have all seen from the happenings of this strange year in 2020, there are a number of negative effects of the COVID-19 Pandemic.   Hundreds of thousands of people have lost their lives, and millions of people that have lost income streams and jobs.  These are serious and depressing news stories.  Then there are the other issues that may be related to people that are tired of being quarantined in their homes that they take risks that they don't realize when they return to the "public lifestyle".  So, what are the positives so far from this pandemic?   I started to think about this the other day and came up with several positives when I thought about how ReliAscent has reacted to the pandemic.   I'm sure if you stop and think, you will realize the same in areas that are close to you.

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Topics: Cost & Pricing Data, Cost Proposal, COVID-19, Corona Virus


Changes in the Wind at the DCAA

Posted by Mike Anderson on Thu, Jun 18, 2020 @ 02:23 PM

There have been some shifts in policy at the Defense Contract Audit Agency (DCAA) over the last couple of years that are starting to be evident to the outside world.  The FY 2018 National Defense Authorization Act (NDAA) required several changes at the DCAA including:

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Topics: DCAA, DCAA Audits


Accounting Firms are a Dime a Dozen...

Posted by Tyler Link on Thu, Apr 30, 2020 @ 11:30 AM

Between direct contract work, deadlines, compliance issues, and trying to stay afloat during a pandemic, contractors and grantees have enough on their plates just trying to keep the lights on. And sure, outsourcing certain functions can be an efficient way to save money and time (accounting is a prime example of this).  But, who you ultimately select to be a part of your team is more important than you realize.

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Topics: government contract management, DCAA Compliant Accounting


Helping Government Contractors Through the Pandemic and Beyond

Posted by Mike Anderson on Thu, Apr 09, 2020 @ 01:36 PM

Lighthouse in the COVID Storm

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Topics: government contract accounting, COVID-19, Corona Virus, Family First Coronavirus Response Act (FFCRA), CARES Act


Using the FAR to Protect your Contract During a Pandemic

Posted by Mike Anderson on Tue, Mar 24, 2020 @ 10:37 AM

What protection do you have from delays caused by the COVID-19 virus in your federal contract?   How can you assure you are paid as rapidly as possible during this difficult time? 

These are only some of the questions that every Federal Contractor should be asking themselves and be prepared to respond to as soon as possible to help assure the survival of their business.

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Topics: Request for Equitable Adjustment (REA), COVID-19, Corona Virus, contract modifications, federal contract delays, non-compensable delay