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Preparing for Contracting Purchasing System Reviews (CPSR)

Preparing for Contracting Purchasing System Reviews (CPSR)

by GovCon365 | Sep 10, 2020 | Blog, Government Contracting

SUMMARY: Government contractors can ensure a successful Contract Purchasing System Review (CPSR) and meet DCMA standards by rigorously maintaining documentation, ensuring compliance training, and leveraging advanced technology. Strictly adhere to documentation...
Checking In On Contracting Purchasing System Reviews

Checking In On Contracting Purchasing System Reviews

by GovCon365 | Jul 2, 2020 | Blog, FAR, Government Contracting

SUMMARY: This article provides a comprehensive overview of Contractor Purchasing System Reviews (CPSRs), explaining the regulatory requirements under FAR and DFARS, the detailed six-step execution process by the DCMA, and how Microsoft Dynamics 365 automates...
Government Contracting in the Wake of COVID-19

Government Contracting in the Wake of COVID-19

by GovCon365 | Jun 9, 2020 | Blog, Government Contracting

As the COVID-19 pandemic progresses, the challenges facing government contractors are presenting unique changes in operations. While those changes haven’t all looked the same, there are a few commonalities that we’ve seen from client to client and how...
Accounting Challenges Facing Government Contractors – Part 2

Accounting Challenges Facing Government Contractors – Part 2

by GovCon365 | Feb 28, 2020 | Blog, FAR, Government Contracting

SUMMARY: Government contractors must combine specialized accounting knowledge with DCAA-compliant technology to navigate complex federal regulations and ensure perpetual audit readiness. Acquire Specialized Knowledge: Accountants in this sector need specific expertise...
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...
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