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 Penalty for DCAA Unallowable Expenses

Posted by Mike Anderson on Tue, Jun 10, 2014 @ 09:44 AM

The Federal Acquisition Regulations (FAR) describes in detail expenses that the government will not reimburse contractors for in the FAR part 31.  The FAR describes expenses that are not allowable and also describes a system to separate these costs to prevent charging to the government.  This system should not only isolate these costs but insure that they are prevented from being billed either directly to the government or in indirect billings.  Any audit will evaluate to make sure that these costs are properly segregated and kept out of the billing.  I did a blog about a year ago about unallowable expenses that summarized the types of expenses covered by the FAR. 

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Topics: DCAA unallowable expenses, government unallowable expenses, FAR Part 31