Most small business government contractors and grantees are understandably focused on things like their direct work, avoiding a DCAA audit, or just delivering product &/or CDRL’s. Running a successful, growing business, on the other hand, is more than just your deliverables, or accounting and contract compliance. It takes financial planning, strategic management of your rates, project performance monitoring, and several critical business and financial management skills that most small businesses—and their accounting firms—simply lack.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!
When you decide that you need expert help in Government Contracting, what do you look for in a partner? Do you want someone with experience running a small business like yours? Does the depth and breadth of experience really matter? Are there other factors besides just having your accounting system comply with the Federal Acquisition Regulations?Read More
ReliAscent is proud to announce the release of our latest white paper, written by ReliAscent Co-owner, and industry recognized government contract expert, Russ Farmer. This white paper is the first in a 6-part series that focuses on Federal Government Contract Management, and how the important role of a Government Contract Manager (CM), helps a business to stay profitable, efficient, avoid risk, and even avoid legal trouble with the Federal Government.Read More
One of the most thrilling parts of being a small business government contractor, is being awarded a contract. You’ve poured your time, money, and possibly even a large portion of your professional life to get to this point, so what is the most natural reaction of a contractor or grantee when they receive an award/contract?Read More
In the world of federal government contracting, there are several main types of contracting vehicles used. As a result, there are several different ways for the private business to make money contracting with the government. Conversely, there are many ways in which the contractor must be aware of issues that might cause the contractor to lose money. While it is not the government's intent that the contractor lose money, it behooves the contractor to be aware of certain risks before hand in order to control their destiny. Now I don't mean that the contractor should take advantage of the government, that is not ethical or proper and not my point here. I'm merely suggesting that if the contractor is not diligent and aware of the environment they are in and how it differs from the commercial world, they could suffer a loss very easily on a government contract.
Topics: government contract management