DCAA COMPLIANCE BLOG

Your Source for DCAA News and Government Contracting Information 


 

The Top 5 Reasons You Should Outsource Your Government Contracting Accounting

Posted by Mike Anderson on Fri, Feb 19, 2021 @ 11:42 AM

Recently there has been a trend in the business world to outsource certain business functions in order to make a more efficient operation and/or save cost of operation.   In years past there was little consideration given to outsourcing accounting functions because the financial numbers were so proprietary to the business and the fear of security of this information being compromised.  With the advent of secure cloud computing this fear started to relax a little bit and there has been a general trend in the accounting world toward using cloud computing and storage with more confidence and security.  The recent pandemic has helped reshape opinions on the ability and security of remote operations.  

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Topics: government contracting, Business Strategy, Outsourced Accounting, Growing your Government Contracting Business, Financial Strategy for Government Contractors, outsourced accounting for government contractors


After COVID, Can you Afford Not to Outsource DCAA Compliant Accounting?

Posted by Mike Anderson on Mon, Aug 31, 2020 @ 09:00 AM

There are several things to consider when a small business contemplates outsourcing its government contract accounting work. One consideration is the cost and experience of the people to do the work. Another consideration is the amount of “opportunity cost” that the company will incur.   It is easy to measure the first and not as straight-forward to measure the second. Both considerations should be evaluated to determine what is the best return for the business.

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Topics: DCAA Compliant Accounting, government contract accounting, DCAA compliant accounting services, dcaa outsourced accounting services, cost to outsource dcaa compliant accounting, outsourced accounting for government contractors