Did you know that, when your company hires a subcontractor, your company – not your customer (or the federal government) – is obligated to verify …
SUBCONTRACT ADMINISTRATOR: Small Business Subcontractor Accounting Read More »
Put on your “administrative operations” thinking cap. Test your reasoning and logic skills from a federal government reviewer’s viewpoint. Ponder these! 1. The billing for …
Organizations that sell on contract to the federal government (Government) label regulatory or DCAA compliant Accounting Systems by many names. They all express the same …
Your company may structure indirect pools, bases, and rates in any way it wishes. Every company is unique. Executive management of your company knows the …
Overhead Versus G&A Versus ICR Versus Other Indirect Expenses Read More »
Companies with contracts and subcontracts funded by the federal government survive more administrative hoops than suppliers in a competitive-only market. To meet Terms and Conditions …
Why should a small business care whether their purchasing practices, inter-departmental operations, and whole procurement function are in compliance with the FAR and applicable supplements …
An incurred cost submission demonstrates that flexibly priced contracts with the Department of Defense and, often, other U.S. Government agencies are not over-billed. Contracts (encompassing …
Contracts funded by the U.S. Government are subject to the Federal Acquisition Regulations (FAR). Whether a prime contract, subcontract, or grant (or cooperative agreement), FAR compliance is …
The Defense Contract Audit Agency (DCAA) performs audits of prime contractor, subcontractor, and grantee (contractor) organizations. A DCAA audit does not negotiate or administer any contracts, but …
What is Job Costing? A new-construction developer must distinguish the cost of developing Apple Orchard Place separate from Business Park West, separate from Commercial Office …
