DCAA Compliance Blog
Your Source for DCAA News and Information for Contractors
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!
There is a workshop/seminar being held in Loveland, CO next week to introduce the Northern Colorado region to the services available from the Colorado Procurement and Technical Assistance Center (PTAC). This workshop is being sponsored by the offices of the 2 Colorado Senators (The Honorable Mark Udall & the Honorable Michael Bennet). This is a perfect opportunity for small businesses to learn more about the services offered by the Colorado PTAC office. The PTAC can help small business obtain government contracts by providing assistance, education and guidance in obtaining contracts. I plan on attending just to become more familiar with everything that the PTAC office offers. The Colorado PTAC office is relatively new (less than a year old now) but already is benefiting small businesses across the state. Small business many times needs advice on how to meet stringent DCAA requirements. If you would like to meet me to discuss any issues surrounding government contracting for small businesses, give me a call or send me an e-mail and we can arrange a time around the workshop to talk. I would enjoy meeting with you and catching up on what you are doing. You can go to www.bennet.senate.gov/services/workshops/ to register for the event. We highly recommend this workshop for small business and hope to see you there next week.
As the DCAA tightens it’s auditing requirements, there are more and more stories of accounting systems in small business that do not pass DCAA audits. Most of this change has occurred since last December when the Assistant Director of the DCAA issued a memo (08-PAS-043(R)) that “clarified” what constitutes a significant deficiency for a DCAA audit. Since that time, we are hearing more stories of companies failing DCAA audits and the need for better accounting systems. Deltek GCS Premier® is the world’s most trusted, proven accounting and project management software solution designed specifically for small to mid-sized businesses who sell services to the U.S. Government. Tech BizSolutions, Inc. is a Deltek Partner authorized to sell, install and service the GCS Premier® software. This software is becoming more affordable to small business. Tech Biz has decided that it would be beneficial to start conducting seminars to educate government contractors about the software that is considered by most to be the “gold standard” for government accounting. The first seminar will be held in Denver on October 21, 2009. This half day event will allow contractors to come in and learn more about the system, to talk to existing users of the system and ask questions both of experts and users. To participate, we recommend that you make reservations early as space is limited. Please go to www.techbizsolutions.us/deltek_seminar/ to reserve your space today.
Since the DCAA memo released in December (see our blog: "DCAA 2008 Year End Guidance, Happy Holidays, Government Contractors") we have noticed a trend from the DCAA becoming more strict in their interpretation of the regulations. This trend culminated last week in a very difficult DCAA audit (probably the most difficult we have ever seen). This audit would have gone very smoothly in the past but due to the added intensity from the DCAA, it became very difficult and almost confrontational. The end result is that this contractor is still negotiating with the DCAA about issues. At Tech Biz we currently have 2 former DCAA auditors on our staff and they are extremely knowledgeable in navigating these new directions set down from the DCAA office. In short, we are in a unique position to be able to truly help small businesses with these issues.