Posts Tagged ‘government’
GovCon 101: What Contractors Need To Know About Indirect Rates
Jennifer Eubanks recently authored the council post, GovCon 101: What Contractors Need To Know About Indirect Rates In the first article of this series of articles related to selling to the federal government, I discussed federal acquisition regulations (FAR), cost accounting standards (CAS) and the types of contracts issued by government agencies. In the second article, I expanded…
Read MoreWhat 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…
Read MoreKey DCAA Terms to Understand for Contractors
The Defense Contract Audit Agency (DCAA), part of the United States Department of Defense (DoD), performs audits of DoD contractors to ensure the best value for money the agency spends on defense contracting. As part of its auditing services, DCAA will review a contractor’s accounting and business systems to ensure the contractor is able to…
Read MoreGraduate Certificate in Accounting for Government Contracts Soon Available at George Mason University
At CPA Department, we bring to the table over 30 years of experience in Government Contract Consulting. We have long partnered with government contracts in order to not only assist with financial decisions, audits, and taxes, but also to help fulfill the unique needs in the field. Since it is vital for government contractors to…
Read MoreCapitol Hill Speaking Engagement
Capitol Hill Speaking Engagement – Jennifer Eubanks attended Capitol Hill meetings with a group of Goldman Sachs 10KSB graduates to speak with our representatives in Congress and tell the stories of small businesses on June 11 – to promote PPP Legislation.
Read MoreMurky Waters for Government Contractors Receiving PPP Funds
Government contractors, constantly vigilant and monitoring compliance with Federal Acquisition Regulations are faced with unprecedented uncertainty and questions surrounding acceptance of Paycheck Protection Program (PPP) funds and payments under Section 3610 of the CARES Act. Contractors must consider a) the ban against ‘double dipping’ of funds and b) must also consider that loan forgiveness under the PPP may be interpreted as a credit due back to the government in accordance with FAR 31.201-1 (a).
Read MoreAlert – how to handle the government shutdown as a Federal contractor.
It’s official, the Government shutdown begins. What does this mean to Federal contractors?A partial federal shutdown occurred early today. We are all hopeful that the House, Senate and the Executive Office can find common ground sooner rather than later and know this is particularly concerning for our government contracting clients. The question looms large: What…
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