Cloud Migration Consulting: Why does your business need it?


Adoption of cloud-based technologies help businesses become more efficient, scalable, and cost-effective. However, migrating to the cloud can be a complex and challenging process, requiring specialized knowledge and expertise.  That’s where a cloud migration consultant can help. Here we discuss why cloud migration consulting is important for your business and provide tips on how to…

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What is Uncompensated Overtime? Understanding DCAA Timekeeping Requirements


Government contractors are required to track uncompensated overtime worked by employees.  This is often confusing for contractors, since there’s no additional cost associated with salaried employees who work more than forty (40) hours per week.  In this article, we explore uncompensated overtime, and why it’s important when working with the Federal Government. What is uncompensated…

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What is the DCAA? All You Need To Know as a Government Contractor


The DCAA, or Defense Contract Audit Agency, provides audit and financial advisory services to the DoD and other federal entities responsible for acquisition and contract administration to ensure the government gets the best value for every dollar it spends on defense contracting. DCAA operates under the authority, direction, and control of the Secretary of Defense…

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Understanding Incurred Cost Proposals: Avoiding the Top 5 Audit Issues


All federal contractors with cost-type or time and materials (T&M) contracts with cost-type contract line items (CLINS) are required to submit an Incurred Cost Proposal regardless of agency customer.  All contracts requiring an Incurred Cost Proposal will include the Federal Acquisition Regulations Allowable Cost & Payment Clause and/or the T&M Payment Clause. What is an…

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Understanding Allowable Costs Speeds Reimbursement: 6 Best Practices for Avoiding Unallowable Costs


Understanding which costs may be allocated to a direct or indirect project, and billed to the government as an allowable cost speeds reimbursement of expenses, and helps avoid potential government penalties. The Federal Acquisition Regulations  (FAR) provides official guidance and numerous examples of allowable and unallowable costs. Here we will discuss what is and is…

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Are You Ready for a DCAA Floor Check?


DCAA floor checks can be a nerve-wracking experience for federal contractors. DCAA performs these surprise audits in order to make sure government contractors are accounting for their labor properly, and following required regulations. Here are 9 common questions we hear frequently about DCAA floor checks, along with  our answers to help you be best prepared…

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What is an Adequate Accounting System? 10 Questions to Determine if Your Accounting System is Adequate for Government Contracts


In many cases, having an “adequate accounting system” is an integral part of successfully winning and performing on Federal contracts. Many companies find it challenging to determine when accounting system requirements are triggered and how to navigate obtaining a determination of adequacy.  Our clients and prospects unanimously have the same questions.  Since these questions are…

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