Identifying and allocating costs on government jobs is a big part of the government's concern about the contractor's accounting systems. The Federal Acquisition Regulations (FAR) specify that "Before...
I was fortunate enough to be able to witness in person the final Space Shuttle launch last week. What a truly awesome sight and experience that is. I can't begin to describe the feelings associated with...
Over the years we have had many inquiries from government contractors about evaluating their accounting systems for adequacy before they actually undergo a DCAA audit. This actually makes sense in today's...
Most people don't understand what qui tam is. Qui tam is a Latin phrase that means "he who brings a case on behalf of our lord the King, as well as for himself". In essence, this is the provision in the...
There are many stories out there about contractors that feel they were either bullied or treated unfairly by the government. Certainly, government contracting is not for everyone and a special set of...
You maybe surprised to learn that the government attempts to us many of the same practices commercial firms use to buy products and services. In fact, you could say the majority of what the government...
What is wrong with the way we are currently operating our government? The government operates on a budget year from Oct. 1 to Sept. 30. Theoretically the budget for the fiscal year should be established...