DCAA COMPLIANCE BLOG

Your Source for DCAA News and Government Contracting Information 


 

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


Government Contractor CFO's 101 (Part VI) - Risk Management II

Posted by Dave Donley on Thu, Jul 28, 2016 @ 09:00 AM

CFO Risk Management– Part II

In our introduction to risk management, understanding the regulatory environment a firm finds itself in was a critical first step for any CFO. For a deeper understanding on how this affects a business, let’s assume you’re a small business (according to the Small Business Administration) having a prime cost-plus type contract. What are the risks involved that the CFO should be aware of?

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Topics: Indirect billing rates, Outsourced CFO, Indirect rates, cfo for government contractors, outsourced cfo services


Government Contractor CFO's 101 (Part V) - Indirect Rates

Posted by Dave Donley on Wed, Jul 13, 2016 @ 01:37 PM

Indirect Rates - "What's a Good Indirect Rate?"

CFO Forecasting – Part II

In a prior blog in our series on CFO's for Government Contractors, we emphasized the importance the CFO’s role in establishing job cost accounting and developing an indirect rate structure that’s suitable for a particular business. Once the mechanics of an adequate government contract accounting system is established, we’re often asked…

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Topics: Indirect billing rates, Outsourced CFO, Indirect rates, cfo for government contractors, outsourced cfo services


Government Contractor CFO's 101 - Part I

Posted by Dave Donley on Thu, May 05, 2016 @ 10:34 AM

Like any other industry, government contractors face both the challenge of running a business in general, but also meeting the challenges of their particular marketplace and regulatory environment. Management responsibilities address these challenges in ways that may be different, sometimes drastically different, than what’s experienced in a purely commercial environment.

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Topics: Outsourced CFO, Indirect rates, cfo for government contractors, outsourced cfo services