With a heavy emphasis on pre-award surveys, ostensibly to ensure that a government contractor has a compliant cost accounting system in place, the DCAA has become seriously backlogged in trying to keep up with its review of Incurred Cost Submissions.
"DCAA already has a backlog of $560 billion in unaudited contracts that agencies have already paid, called incurred cost audits."
Poised to bid on contracts with the Federal Government? you will likely encounter challenges with procurement regulations and bureaucracy. Read the Blog
As we learned last year when the paper filing threshold dropped from 250 for each tax form to 10 tax forms in aggregate (i.e., 1099-NEC plus 1099-Misc plus W2), one should no longer be contemplating t[...] Read the Blog
One thing we've learned over the years as a software publisher is that unless you are planning on sunsetting a legacy application, you are never "done" with development. Read the Blog
We are focused on delivering reliable cost accounting, timekeeping and expense reporting solutions to labor-intensive federal government contractors and not-for-profit organizations in search of fully compliant, standards-based, project accounting software.
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