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Understanding the Importance of a DCAA Approved Accounting System

Capital Edge Consulting

In government contracting, maintaining a DCAA-approved accounting system is crucial. The Defense Contract Audit Agency (DCAA) enforces strict guidelines to ensure that contractors’ accounting systems meet the standards required for compliance. Key Takeaways: Overview of DCAA Approved Accounting System essentials.

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Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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2024 NDAA will Update DFARS to Require Evaluation of Small Business Affiliate Past Performance

SmallGovCon

The 2024 NDAA is directing quite a change in past performance evaluations for offerors in Department of Defense acquisitions. Historically, an offeror’s affiliate’s past performance is not automatically considered along with the offeror’s proposal, although an agency could consider it.

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Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

Two Quick Ways to Fail DCAA T imekeeping Requirements The federal government is the biggest purchaser of goods and services, so it's important that you have a good grip on your accounting practices. DCAA’s position, as in other cost accounting practices, is that “if it isn’t documented, it didn’t happen.”

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Mastering CAS 406: Establishing and Adhering to Cost Accounting Periods

Public Contracting Institute

In the complex world of government contracting, understanding and implementing Cost Accounting Standards (CAS) is crucial for success. Today, we’re diving deep into CAS 406, which focuses on establishing and adhering to cost accounting periods.

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FBI’s $8 billion information technology services contract is its largest ever

FedScoop

In February 2024, the bureau said it was in the last phase of evaluation but an award wouldn’t be made until bid protest challenges to the contract filed with the Government Accountability Office were resolved. The new agreement will serve as the primary vehicle for the agency’s IT services for the next eight years.

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