by GovCon365 | Oct 1, 2020 | Blog
During a recent webinar on DCAA compliance, one of the attendees asked our team what the difference was between Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS). As we answered the webinar guest’s question, we realized that it’s a...
by GovCon365 | Jul 2, 2020 | Blog
The requirements for an approved Contractor Purchasing System (CPS) have become increasingly important, with many contractors being the focus of reviews from the Defense Contract Management Agency (DCMA). In light of this emphasis, GovCon365 wants to give an overview...
by GovCon365 | Feb 28, 2020 | Blog
In the previous blog, we looked at the primary challenges government contractors face when addressing internal accounting requirements and compliance. In Part 2, we want to cover the spectrum of duties for government contracting accounting teams and a few best...
by GovCon365 | Dec 26, 2019 | Blog
Business accounting on its own has a variety of complexities, but accounting for government contractors puts a whole new meaning to the role of business accounting. Government contractors are not only under the dominion of regular accounting practices, but their...
by GovCon365 | Oct 25, 2019 | Blog
Doing business as a government contractor presents tremendous opportunities – along with a commitment to be compliant with DCAA, CAS, and FAR financial regulations. Audits of financial records, protocols, and processes help ensure operational and reporting...
