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Accounting Challenges Facing Government Contractors – Part 1

Accounting Challenges Facing Government Contractors – Part 1

by GovCon365 | Dec 26, 2019 | Blog, DCAA, Government Contracting

SUMMARY: Government contractors must strictly adhere to volatile federal accounting regulations and maintain constant audit readiness to ensure compliance and avoid costly operational disruptions. Accounting standards for contractors are denser and more erratic than...
DCAA Timekeeping Regulations and Best Practices – Part 2

DCAA Timekeeping Regulations and Best Practices – Part 2

by GovCon365 | Dec 19, 2019 | Blog, Compliance, DCAA

SUMMARY: Government contractors achieve DCAA compliance and eliminate operational errors by transitioning from traditional paper timesheets to versatile electronic time-tracking systems. Cloud-based platforms allow off-site employees to log direct or indirect hours,...
Seven Tips to Prepare for Your First DCAA Audit

Seven Tips to Prepare for Your First DCAA Audit

by Pedro Diaz | Nov 21, 2019 | Blog, Compliance, DCAA

As a new government contractor, you might be preparing for your first DCAA compliance audit. If so, you’re likely getting your various business units to run through programs, recheck financial/accounting software, and make sure everything is prepared for when...
How Microsoft Solutions Help Government Contractors Be DCAA, CAS, and FAR Compliant

How Microsoft Solutions Help Government Contractors Be DCAA, CAS, and FAR Compliant

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...
Easy Compliance with Microsoft Dynamics 365

Easy Compliance with Microsoft Dynamics 365

by Paul Skurpski | Sep 12, 2019 | Blog, Compliance, DCAA

SUMMARY: Government contractors achieve rigorous DCAA and DCMA compliance efficiently by utilizing Microsoft Dynamics 365 and XTIVIA’s tailored automation configurations. The Defense Contract Audit Agency (DCAA) mandates strict accounting standards, while the...
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