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Accountants going over Overhead accounts and G&A accounts

Overhead versus G&A

Indirect rates (burden) and Indirect Pools often confuse the non-accountant. The bad news is: Your organization can make the Indirect Rate structure very complex. The ...
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Two People Reviewing Accounting Standards on Tablet

Preaward Survey of the Accounting System

The Government Contracting Officer must determine that a prospective contractor is responsible before awarding a contract. To be responsible, a contractor must have the necessary ...
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DCAA Compliant Timekeeping

DCAA Compliant Timekeeping

Federal government auditors and analysts (by any job title) perform reviews with many different objectives. Because labor usually costs the most, the processes leading to ...
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DCAA Compliance, DCAA Review, and DCAA Audit

DCAA Compliance, DCAA Review, and DCAA Audit

DCAA Compliance, DCAA Review, and DCAA Audit Oversight is the purview of the federal agency with the most risk. For example, for for-profit companies, this ...
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Contractor and Subcontractor Standard Form (SF) 1408

SF 1408

A contractor, and frequently, a subcontractor must submit a Standard Form (SF) 1408 with a proposal. The SF 1408 supports the potential customer’s conclusion that ...
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Compliant Accounting System

Accounting System

For some awards of U.S. Government funding, a prime contractor requests that a subcontractor certify that the accounting system is compliant, or approved by the ...
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