Blog

Do you have the systems in place to identify and record 'unrecoverable' costs in a segregated way so that they do not become co-mingled with allowable costs that can be recovered? Read the Blog

You can't let your guard down when it comes to cybersecurity. Cyberattacks take place every eleven seconds on average, so you need to be sure your software works around the clock to stay secure. Read the Blog

If you have a fully functioning labor distribution system that enables the accurate recording of both direct and indirect labor charges and can also accommodate uncompensated overtime for salaried ... Read the Blog

A guide to help you understand the differences between a non-industry specific accounting software package and one that is purpose-built for Government contractors. Read the Blog

Contrary to popular belief Government Contractors have some leeway when reducing to writing their own rules with regard to timekeeping. After all, it is the regulations and not guidance that DCAA can ... Read the Blog

SF 1408 - Adequacy Checklist - The back page of the Standard Form 1408 features the evaluation checklist that DCAA auditors use to determine the 'adequacy' of a contractor's accounting system. There ... Read the Blog

Guidance for labor recording can be found in DCAAM 7641.90 under Labor Charging System. If guidance is written in the DCAA's Information for Contractors manual, then it must be rooted in the ... Read the Blog

Paper timesheets have long represented a simple but not ecologically friendly way for your workforce to record time against direct and indirect cost objectives. Learn about the evolution of ... Read the Blog

For Government Contractors, pricing your services appropriately is critical. For this reason, many use the 'cost buildup' pricing methodology. Learn more about this method and when to use it for your ... Read the Blog