by GovCon365 | Oct 1, 2020 | Blog, DCAA Compliance, FAR
SUMMARY: Government contractors must distinguish that while the Federal Acquisition Regulation (FAR) dictates the allowability of specific costs charged to the government, Cost Accounting Standards (CAS) govern the allocability and accounting consistency of those...
by GovCon365 | Oct 25, 2019 | Blog, DCAA, Microsoft Dynamics 365
SUMMARY: Government contractors can utilize Microsoft software solutions to automate the segregation of unallowable expenses and ensure strict compliance with DCAA, CAS, and FAR regulations. Microsoft accounting systems categorize labor and expenses upfront to prevent...