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Cost Accounting Standards Guide and CAS Requirements for Government Contractors

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. Labor is among the largest contract cost recorded to Government contracts. Labor is among the largest contract cost recorded to Government contracts. It also helps the auditor to determine if Total Time Accounting is used.

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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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Mastering Accounting for Unallowable Costs: A Guide to CAS 405 Compliance

Public Contracting Institute

Introduction to CAS 405 and Unallowable Costs In the complex world of government contracting, understanding and properly accounting for unallowable costs as per Cost Accounting Standard (CAS) 405 is crucial for success.

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Cost Accounting Standards - What Contractors Need to Know

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. Labor is among the largest contract cost recorded to Government contracts. Labor is among the largest contract cost recorded to Government contracts. It also helps the auditor to determine if Total Time Accounting is used.

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Application of Cost Accounting Standards to Indefinite Delivery Vehicles

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. Labor is among the largest contract cost recorded to Government contracts. Labor is among the largest contract cost recorded to Government contracts. It also helps the auditor to determine if Total Time Accounting is used.

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Mastering Inflation: Navigating Fixed-Price Economic Price Adjustments in Government Contracts

Capital Edge Consulting

Insight by: Norman McCord, Senior Manager Summary Timekeeping for government contractors is essential. Labor is among the largest contract cost recorded to Government contracts. Labor is among the largest contract cost recorded to Government contracts. It also helps the auditor to determine if Total Time Accounting is used.

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Security flaws in IRS systems pose risk to financial statements, GAO says

FedScoop

A handful of security deficiencies in IRS information systems elevate the tax agency’s risk of inaccuracies in financial statements, the Government Accountability Office said Thursday. The post Security flaws in IRS systems pose risk to financial statements, GAO says appeared first on FedScoop.