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!
Posted by Tyler Link on Wed, Jan 20, 2016 @ 01:00 PM
Topics: DoE Accounting, NIH Accounting, NIH Compliance, NIH Audits, DoE Audits, DoE Program Specific Audit, CPA for NIH Grantee, Federal Government Program Specific Audits, Compliance Audits for Federal Awardees, NIH Program Specific Audit, 750k audit threshold NIH, CPA for DoE Grantee, 750k audit threshold DoE grant
Posted by Dave Donley on Thu, Oct 08, 2015 @ 11:03 AM
A recent applicant to the DOE SBIR/STTR grant program directed our attention to this curious statement found in a recent Funding Opportunity Announcement (FOA):Read More
The Department of Energy is one of the largest civilian departments in the Federal Government. This is also an area of the government that has not suffered as much cutback as some other areas, making it a good target for small business. I know of some people with awards from the DoE that have not felt the pressure to keep a compliant accounting system, like they would have felt from the DCAA were they working with the Department of Defense. There are some differences to be sure and there are also some similarities between awards from the DoD and the DoE. One of the main differences is the difference between a grant and a contract. This difference does spark the question of possible remedies when the award is a grant since a grand does not necessarily expect a result. Also, when working with the DoE, even though there are requirements for a certain type of accounting system (10 CFR 600.311), there is usually not the threat of a government agency to come knocking on your door to check and verify this like there is when contracting with the DoD. Certainly, there is a huge compliance incentive with DoD cost type contracts when the possibility of a DCAA auditor showing up to audit the system to FAR and DCAA requirements shows up. Failing a DCAA audit has consequences that most small businesses don't want to deal with.