While government contract accounting certainly presents its share of challenges, contractors should not overlook the government property clause at FAR 52.245-1. Depending on your contract type and contracting environment, you may be exposed to parts or all of this clause with the resulting administrative costs to comply. It is fair to say that government property management in many respects is as confusing and fraught with potential missteps as government contract accounting.Read More
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!
The DCAA and DCMARead More
ReliAscent is happy to announce that we have just released our first white paper of 2016---the first in a series of white papers and blogs this year that will focus on Government Property Management (GPM), the DCMA, and DCMA audits!Read More
For all of you Defense Department contractors out there, I read a very interesting article recently in NationalDefenseMagazine.org, on the pressure the Pentagon faces trying to attract innovative commercial suppliers vs. the need to ensure suppliers are charging fair commercial prices for their products.Read More
As we did a webinar this morning for quite a few SBIR award winners from the Navy regarding the DCAA and the DCMA, it occurred to me that there could be a lot of small business government contractors that are slightly confused about these agencies roles. I thought it would be useful to go over a little bit of the discussion from the webinar here.
Earlier this year I was asked to participate in a webinar to cover the difference between the DCAA and the DCMA as well as describe what each agency did. The audience was a group of companies that were Small Business Innovation Research (SBIR) award winners. I think this may get confused for a number of people that do business with the Federal Government and so worth a little time today to discuss. Both of these agencies originate from the Department of Defense and are primarily concerned with helping the Department of Defense handle their contracting business. So what are the differences?
A while back I wrote a blog about our Russ Farmer heading a joint committee of the SBTC and NDIA to take small business concerns to the DCAA and DCMA for resolution. At that time the committee was asking for input from Small Business of concerns or problems that they were having with primarily the DCAA but also any issues they might have with DCMA. As you might imagine, there are some issues out there. The first priorities of the committee were to 1) establish a relationship primarily to identify and resolve issues that were common, broad-based and significant and 2) to define a path forward to work on resolution of consultant cost conflicts on dated outstanding incurred cost audits. The issue on the consultant costs has 3 primary issues: