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October, 23 2020

What is required for a DCAA Acceptable Accounting System?

Accounting Software Business Tips DCAA

The long-standing myth of an official, Government-authorized list of DCAA-approved accounting software packages just doesn't seem to want to go away. Learn about the requirements that make an ... Read the Blog

September, 24 2020

Five Advantages of GovCon Cost Accounting Software

Government Contractor Accounting Software Business Tips

Learn about the five readily identifiable benefits to implementing a cost accounting system, with compliance leading the way. We refer to these benefits as the "Five C's". Read the Blog

August, 11 2020

Service Contract Act Travails

DCAA Audits Accounting Software Business Tips

When it comes to the workforce, government contractors must be aware of regulatory minefields to avoid fines, debarment, and even jail time. To complicate things further, the Department of Labor ... Read the Blog

July, 17 2020

Business Development Costs - A Black Hole in your Budget?

Government Contractor Business Tips Small Government Contractor

What does business development mean to your organization? No matter how you define it, tracking and measuring your business development effort is critical to your success. Read the Blog

May, 06 2020

What to Expect When Buying Another Company That Happens to be a Contractor

Government Contractor Business Tips FAR Compliance

Speaking from personal experience, the process of going through with a business acquisition as a seller or a buyer is never easy. An acquisition involving two government contractors can be especially ... Read the Blog

March, 13 2020

Your Internal Controls: Speed Bumps, Guardrails and Stop Signs

Business Tips DCAA Accounting

Internal controls are the speed bumps, guardrails and stop signs when it comes to your financial systems. This post details what this metaphor means and why it's so important, especially if you're ... Read the Blog

February, 12 2020

What is an Indirect Rate?

Government Contractor Business Tips Definitions

For those of you who are new to government contracting, and in particular cost reimbursable government contracting, the jargon can sound as strange as an unfamiliar foreign language. In this post, we ... Read the Blog

January, 09 2020

Tips for Reducing Audit Costs

DCAA Audits Capability Audits Business Tips

Is your business seeking ways to reduce expenses? Check out a few tips you can use to reduce audit costs and save money. Read the Blog

November, 08 2019

Trust but Verify - Double Check Your ERP/Financial Software Output

Government Contractor Accounting Software Business Tips

Sophisticated and seasoned accounting software users understand the need to verify key calculations generated by their automated accounting software. Those users who do not could eventually end up ... Read the Blog

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