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!  


 

DCAA Policy Shift: Consultant costs?

Posted by Mike Anderson on Fri, Feb 15, 2013 @ 05:00 AM

Sometimes the government either enforces a rule in a different manner than in the past or they may all of a sudden enforce a regulation that previously was overlooked or they might just install a brand new regulation.  In all three of these scenarios the awardee is subject to similar pain.  That pain is that what they have done in the past is no longer acceptable and they will have to change their habits.  In some cases, the government may apply these changes retroactively.  This is especially true, for instance, when the DCAA is behind by 5 years or more in audits of companies Incurred Cost Proposals (ICP).  This is just one example of what we call the government’s discrimination against small business. 

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Topics: DCAA compliance, government consulting, DCAA, DCAA audit, DCAA guidance


DCAA Timekeeping Requirements - Part 1

Posted by Mike Anderson on Mon, Aug 27, 2012 @ 04:18 AM

DCAA Timekeeping Requirements

For many new government contractors and/or small government contractors, it may be confusing as to what is required and why it is required relative to timekeeping and timekeeping records.  This is a very important topic to the government and the government contractor should not underestimate the importance or the need to do it in accordance with what the government expects.  In our experience, issues related to timekeeping account for easily the majority of audit findings by the DCAA.  Failure to meet these expectations will most certainly result in some stiff lessons, including delayed payment and/or refusal of future contracts.  So what is exactly required by the government?  

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Topics: DCAA guidance, timekeeping, dcaa compliant timekeeping, dcaa timekeeping requirements